Question: Is OBC A Good Bank?

Is Icici Bank a government bank?

Private Sector Banks:- Majority of stake is held by private individuals.

Examples of Private banks are; HDFC Bank, ICICI Bank, and AXIS Bank, etc.

2.

Examples of Public Sector Banks are; Punjab National Bank, state bank of India and Central Bank of India, etc..

Is PNB merged with SBI?

PSB merger effect: State Bank of India, PNB dip up to 6%, Indian Bank up 8% Shares of public sector banks, including State Bank of India (SBI) and Punjab National Bank (PNB), were trading mixed on the National Stock Exchange (NSE) on Wednesday as the government’s proposed PSB merger scheme came into effect from today.

What is OBC MPIN?

What is MPIN & How to generate MPIN for SBI, ICICI, PNB, BOB, HDFC, OBC, SBBJ: – MPIN is a 4-digit code used to authenticate your IMPS transactions while doing transactions on National Unified USSD Platform or Bank’s Call to pay service to make bill payments. … The MPIN is used only when we transact through our mobile.

Which private bank is best?

Housing Development Finance Corporation Limited, popularly known as HDFC Bank, ranks number 1 among the list of best private banks in India….HDFC Bank. … ICICI Bank. … Axis Bank. … Kotak Mahindra Bank. … Yes Bank. … Federal Bank. … IndusInd Bank. … RBL Bank.More items…•

Is OBC a govt bank?

Oriental Bank of Commerce (OBC) is a Government of India undertaking that was incorporated in 1943. Back then, its business activities included monetary intermediation of commercial banks, saving banks and discount houses. In the year 1951, bank’s registered office was relocated to Delhi, from Lahore in Pakistan .

Who is the owner of Icici?

ICICI BankICICI Bank Corporate Office in Bandra Kurla Complex, MumbaiArea servedWorldwideKey peopleGirish Chandra Chaturvedi (Chairman) Sandeep Bakhshi (MD & CEO)ProductsRetail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance16 more rows

What is the number 1 bank in the world?

Industrial & Commercial Bank of ChinaS&P’s Top 10 ranking of the largest banks in the worldRankBank nameTotal Assets1Industrial & Commercial Bank of China$4.03 trillion2China Construction Bank Corp.$3.38 trillion3Agricultural Bank of China$3.29 trillion4Bank of China$3.09 trillion6 more rows•Apr 29, 2019

Is OBC a scheduled bank?

The RBI has excluded six public sector banks, including OBC and Allahabad Bank, from the Second Schedule of the RBI Act following their merger with other banks. The six banks are Syndicate Bank, Oriental Bank of Commerce (OBC), United Bank of India, Andhra Bank, Corporation Bank, and Allahabad Bank.

Which bank is safest in India?

List of Best, Safe Banks in India1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. … 2) State Bank of India. … 3) ICICI Bank. … 4) AXIS Bank. … 7) Kotak Mahindra Bank, IndusInd Bank.

Who is the richest bank in India?

Here is the list of top 6 biggest public sector banks (PSBs) in India in 2019 in terms of market capitalization.HDFC Bank Ltd. … State Bank of India (SBI) … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd.

What is the new name of United Bank of India?

Punjab National Bank (PNB) has unveiled a new logo as it merges with United Bank of India and OBC with it, with effect from April 1. The new logo will bear distinct signages of all the three public sector lenders. With this, PNB is set to become the second largest lender in the country.

Who is the No 1 bank in India?

HDFC BankHDFC Bank emerged as India’s No. 1 bank.

What is the new name of UBI?

Both, OBC and UBI have been merged into Punjab National Bank (PNB) with effect from 1 April 2020.

How can I check my OBC bank account balance online?

Use the Oriental Bank of Commerce Balance Enquiry Number 08067205757 to find your account balance. You just need to give a missed call to this number. Your call will automatically get disconnected after short rings and you will receive an SMS within a few seconds providing your account balance.

How can I close my OBC account online?

OBC Account Closure Form will require you to fill the following information :Account Holder’s Name.Account Number.Mobile Number of the Account Holder.Option to receive the account balance by (1) Cash (2) Cheque/Draft (3) Balance transfer to any other Bank account.Signature of Authorized Signatory of the Bank Account.

How can I check my balance in OBC bank?

SMS Banking – To check the Oriental Bank of Commerce account balance, the OBC customers need to SMS “ACBAL <14 digit account number>” to 9915622622. To get OBC mini statement, Oriental Bank of Commerce customers need to SMS “STM <14 digit account number>” to 9915622622.

Is OBC bank now PNB?

The amalgamation of Punjab National Bank, United Bank of India and Oriental Bank of Commerce has come into effect from April 1, 2020. The merger will create the second largest nationalized bank of the country both in terms of business and branch network.

What’s the richest bank in the world?

Industrial and Commercial Bank of ChinaThe largest and richest bank in the world is the Industrial and Commercial Bank of China (ICBC). It is one of the “BIG FOUR” of the Heavenly Empire and controls almost 1/5 of all banking in China. ICBC has $4,322 billion total assets according to the latest data, and its market capitalization totals $424 billion.

What is the minimum balance in OBC bank?

OBC Savings Accounts Minimum Balance RequirementsType of Savings AccountMinimum BalanceOBC Diamond Saving Deposit AccountAverage quarterly Balance – Rs. 1 lakhOBC Platinum Saving Deposit AccountAverage quarterly Balance – Rs. 5 lakhsOriental Double Deposit SchemeRs. 10001 more row

How do I check my bank balance?

Six Easy StepsLog In Online. You can check your account balance online anytime—and much more. … Mobile Apps and Text Messages. Mobile phones, tablets, and other devices make it easy to check on accounts from just about anywhere. … Use an ATM. … Call the Bank: … Set up Alerts. … Talk to a Teller.

Which type of bank is OBC?

Oriental Bank of Commerce (OBC), a public sector bank established in the year 1943 and headquartered in Gurgaon. The bank provides various financial and banking services to its customers such as deposit accounts, loans, debit cards, credit cards, insurance, ATMs, internet banking, mobile banking and many more.