has multiple issues . please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article relies too much on references to primary sources . please improve this by adding secondary or tertiary sources . september 2011 learn how and when to remove this template message this article relies largely or entirely upon a single source . relevant discussion may be found on the talk page . please help improve this article by introducing citations to additional sources . september 2011 learn how and when to remove this template message oriental bank of commerce type public bse 500315 nse orientbank industry banking financial services founded 19 february 1943 ; 73 years ago 1943 02 19 headquarters new delhi india key people shri animesh chauhan ceo & md products investment banking consumer banking commercial banking retail banking private banking asset management pensions mortgages credit cards revenue 11457.17 crores 2010 1 net income 1134.68 crores 2010 1 total assets 8237.958 crores 2010 1 number of employees 19 550 31.03.2014 2 3 website www.obcindia.co.in oriental bank of commerce hindi is an india based bank established in lahore then the city of british india and currently in pakistan is one of the public sector banks in india . contents 1 history 2 chairpersons 3 overview 4 see also 5 notes citations and references 6 external links history edit rai bahadur lala sohan lal the first chairman of the bank founded obc in 1943 in lahore . within four years of its coming into existence obc had to face partition . the bank had to close down its branches in the newly formed pakistan and shift its registered office from lahore to amritsar . lala karam chand thapar the then chairman of the bank in a unique gesture honoured the commitments made to the depositors from pakistan and paid every rupee to its departing customers . citation needed the bank has witnessed many ups and downs since its establishment . the period of 1970 76 is said to be the most challenging phase in the history of the bank . citation needed at one time profit plummeted to 175 that prompted the owner of the bank the thapar house to sell close the bank . then employees and leaders of the bank came forward to rescue the bank . the owners were moved and had to change their decision of selling the bank and in turn they decided to improve the position of the bank with the active cooperation and support of all the employees . their efforts bore fruits and performance of the bank improved significantly . this was the turning point in the history of the bank . citation needed the bank was nationalised on 15 april 1980 . at that time obc ranked 19th among the 20 nationalised banks . citation needed in 1997 obc acquired two banks bari doab bank and punjab cooperative bank . note 1 the acquisition of these two banks brought with it no additional branches . the bank has progressed on several fronts crossing the business mix mark of 2 lac crores as on 31 march 2010 making it the seventh largest public sector bank in india . citation needed on 14 august 2004 obc amalgamated global trust bank gtb . gtb was a leading private sector bank in india that was associated with various financial discrepancies leading to a moratorium being imposed by rbi shortly before it merged into obc . the acquisition brought with it 103 branches which increased obc s branch total to 1092 . chairpersons edit the chairpersons cmd of the bank were as under name period karam chand thapar 1946 to 1961 l. m. thapar 1961 to 1969 r. p. oberoi 1973 to 1976 m. k. vig 1976 to 1983 p. s. gopalakrishnan 1984 to 1988 s. p. talwar 1988 to 1990 s. k. soni 1990 to 1996 dalbir singh 1996 to 2000 b. d. narang 2000 to 2005 k. n. prithviraj 2005 to 2007 t. y. prabhu august 2009 to january 2011 nagesh paidah january 2011 to february 2012 s.l. bansal march 2012 to september 2014 sh . animesh chauhan december 2014 to present as managing director and chief executive officer of the bank overview edit the bank offers a wide range of banking products and services such as deposit accounts loans debit cards credit cards with tie up with sbi insurance products atms internet banking mobile banking self banking halls call centre etc. the bank has launched yet another people s participation in the planning process at grass root level essentially to tackle the maladies of poverty . the grameen projects venture aims to alleviate poverty plus identify the reasons responsible for the failure or success . obc is already implementing a grameen project in dehradun district uk and hanumangarh district rajasthan . formulated on the pattern of the bangladesh grameen bank the scheme has a unique feature of disbursing small loans ranging from 75 us 1.5 onwards . the beneficiaries of the grameen project are mostly women.the bank is engaged in providing training to rural folk in using locally available raw material to produce pickles jams etc. this has provided self employment and augmented income levels thus reforming lives of rural folk and encouraging cottage industries in rural areas . citation needed obc launched yet another unique citation needed scheme christened the comprehensive village development programme on the auspicious day of baisakhi the 13th of april 1997 at three villages in punjab namely rurki kalan distt . sangrur raje majra distt . ropar and khaira majha distt . jaladhar and two villages in haryana namely khunga distt . jind and narwal distt . kaithal . the pilot launch was a great success . emboldened by the success bank extended the programme to more villages . at present it covers 15 villages ; 10 in punjab 4 in haryana and 1 in rajasthan . the programme focuses on providing a comprehensive and integrated package providing rural finance to the villagers with village development as its focus thus contributing towards infrastructural development and augmentation of income for each farmer of the village . the bank has implemented 14 point action plan for strengthening of credit delivery to women and has designated 5 branches as specialised branches for women entrepreneurs . citation needed see also edit all india oriental bank officers association notes citations and references edit notes bari doab bank had been established in lahore on 12 may 1915 ; 4 in 1947 the bank transferred its head office to hoshiarpur where it had been the first joint stock bank to operate in the district . punjab cooperative bank had been established in amritsar on 31 october 1904 . 4 it had been liquidated in september 1914 5 but apparently had been re established . at partition it had lost operations in pakistan . citations a b c obc performance annual report 2010 pdf . obc . retrieved 6 september 2010 . cite error the named reference obcreport2013 14 was invoked but never defined see the help page . https www.obcindia.co.in obcnew upload obc mainmenuenglishlevel 3 annual report 2013 14.pdf a b reserve bank of india . statistical tables relating to banks in india for the year 1954 . bombay . baker 1915 p. 24 . references annual report 2013 1 baker henry d. 1915 british india with notes on ceylon afghanistan and tibet . u.s. government printing office . external links edit official site of obc official internet banking site of obc website of oriental bank officers association v t e banking in india reserve bank reserve bank of india public sector banks allahabad bank andhra bank bank of baroda bank of india bank of maharashtra bharatiya mahila bank canara bank central bank of india corporation bank dena bank idbi bank indian bank indian overseas bank oriental bank of commerce post bank of india punjab & sind bank punjab national bank state bank of bikaner & jaipur state bank of hyderabad state bank of india state bank of mysore state bank of patiala state bank of travancore syndicate bank uco bank union bank of india united bank of india vijaya bank private sector banks axis bank bandhan bank catholic syrian bank city union bank dcb bank dhanlaxmi bank federal bank hdfc bank icici bank idfc bank indusind bank jammu & kashmir bank karnataka bank karur vysya bank kotak mahindra bank lakshmi vilas bank nainital bank rbl bank ratnakar bank south indian bank tamilnad mercantile bank limited yes bank cooperative banks buldhana urban cosmos bank repco bank saraswat bank shamrao vithal co op . bank tnsc bank rajkot nagrik sahakari bank foreign banks abn amro abu dhabi commercial bank antwerp diamond bank australia and new zealand banking group bank internasional indonesia bank of america bank of bahrain and kuwait bank of ceylon the bank of tokyo mitsubishi ufj barclays citibank india credit suisse deutsche bank hsbc the royal bank of scotland scotiabank standard chartered regional rural banks andhra pragathi grameena bank kerala gramin bank bangiya gramin vikash bank gramin bank of aryavart north malabar gramin bank pallavan grama bank pandyan grama bank paschim banga gramin bank sarva up gramin bank south malabar gramin bank uttar bihar gramin bank vananchal gramin bank list of regional rural banks in uttar pradesh interbank networks bancs cashnet cirrus imps upi mitr nfs plus rupay defunct banks alliance bank of simla arbuthnot & co bank of bombay bank of calcutta bank of chettinad bank of cochin bank of hindostan bank of madras bank of madura bank of rajasthan bank of thanjavur bareilley corporation bank bengal central bank bharat overseas bank centurion bank of punjab chartered bank of india australia and china commercial bank of india dass bank exchange bank of india & africa global trust bank grindlays bank hindustan commercial bank imperial bank of india ing vysya bank lakshmi commercial bank lord krishna bank madhavpura mercantile cooperative bank mercantile bank of india london and china miraj state bank nath bank nedungadi bank new bank of india oriental bank corporation oudh commercial bank palai central bank pandyan bank sikkim bank state bank of indore state bank of saurashtra times bank united industrial bank united western bank related topics banks board bureau banking codes and standards board of india atm usage fees in india de materialisation demat foreign exchange forex indian financial system code ifsc list of banks in india national electronic fund transfer neft national payments corporation of india real time gross settlement rtgs structured financial messaging system sfms prepaid payment instruments in india retrieved from https en.wikipedia.org w index.php title oriental bank of commerce & oldid 743560162 categories banks of indiacompanies based in new delhicompanies listed on the bombay stock exchangecompanies listed on the national stock exchange of indiabanks established in 1943government owned banks of indiacompanies nationalised by the government of indiagovernment owned companies of india1943 establishments in indiahidden categories pages with reference errorspages with broken reference namesarticles lacking 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