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  • How Nitish Kumar-led caste census ante could be tricky for PM Narendra Modi before UP polls Aug 22, 2021 02:46 PM IST

    How Nitish Kumar-led caste census ante could be tricky for PM Narendra Modi before UP polls

    All NDA allies in Bihar, including a BJP leader, HAM’s Jitin Ram Manjhi and VIP Party’s Mukesh Sahani, are part of Kumar’s delegation to meet PM. All 10 political parties of Bihar will be represented.

  • Lok Sabha passes Bill to restore states' powers over OBC list ; Opposition extends support Aug 10, 2021 08:19 PM IST

    Lok Sabha passes Bill to restore states' powers over OBC list ; Opposition extends support

    The Constitution (127th Amendment) Bill received support from all Opposition parties after more than three weeks of constant disruptions in both the Houses over the Pegasus Project report, farm reform laws and price rise in the Monsoon Session of Parliament that began on July 19.

  • Bill to restore states' powers over OBC list to get Opposition support in Parliament Aug 09, 2021 11:53 AM IST

    Bill to restore states' powers over OBC list to get Opposition support in Parliament

    The Bill, coming ahead of crucial elections in five states early next year, has political ramifications as restoring powers of the states to identify backward classes has been a demand by many regional parties and even the ruling party’s own OBC leaders.

  • PM Modi reviews issue of OBC, EWS reservation in all-India quota of medical education Jul 27, 2021 09:36 PM IST

    PM Modi reviews issue of OBC, EWS reservation in all-India quota of medical education

    In the review meeting, the PM desired that the issue of OBC reservation in the all-India quota (AIQ) of medical education may be resolved by the ministries concerned on priority, a source said.

  • OBC quota in medical education: Prime Minister Modi emphasises on out of court resolution   Jul 27, 2021 11:56 AM IST

    OBC quota in medical education: Prime Minister Modi emphasises on out of court resolution  

    The demand to give OBC reservation in all India quota of medical education has been pending for quite some time now despite several litigations pending in courts.

  • Yogi praises PM Modi for record number of OBC ministers in Union Cabinet Jul 10, 2021 01:37 PM IST

    Yogi praises PM Modi for record number of OBC ministers in Union Cabinet

    Ram Manohar Lohia’s dream being realised, says UP CM

  • PNB says completed technology integration with Oriental Bank of Commerce Dec 02, 2020 08:06 PM IST

    PNB says completed technology integration with Oriental Bank of Commerce

    The amalgamation of Punjab National Bank, United Bank of India and Oriental Bank of Commerce came into effect from April 1 this year. The merger created the second-largest nationalised bank in terms of business and total branches

  • Exclusive: PNB expects Rs 5,000-crore fresh slippages in Q4; no lay-off post merger, says MD & CEO Mallikarjuna Rao Apr 02, 2020 09:20 AM IST

    Exclusive: PNB expects Rs 5,000-crore fresh slippages in Q4; no lay-off post merger, says MD & CEO Mallikarjuna Rao

    PNB expects about 75 percent of the fresh slippages to come from the SME (small and medium enterprises) and retail portfolios in Q4. The scenario on loan growth and future asset quality depends on how long the COVID-19 impact will be felt on the economy

  • 'Long association with Bengal': UBI stakeholders fear losing identity with merger Feb 20, 2020 10:50 AM IST

    'Long association with Bengal': UBI stakeholders fear losing identity with merger

    The Centre has announced that the Punjab National Bank (PNB), the UBI and the Oriental Bank of Commerce (OBC) will be merged to create the second-largest lender in the country after the State Bank of India (SBI).

  • SBI, Oriental Bank of Commerce to spend Rs 1,000 cr for Diwali gifts to staff: Report Oct 25, 2019 03:51 PM IST

    SBI, Oriental Bank of Commerce to spend Rs 1,000 cr for Diwali gifts to staff: Report

    The gift packages will consist of sweets, dry fruits, and chocolates, as these PSBs’ competent authorities have issued directions against monetary gifts

  • OBC to offer retail, small biz loan products linked with repo from October 1 Sep 20, 2019 08:10 AM IST

    OBC to offer retail, small biz loan products linked with repo from October 1

    Interest rates on these products will directly be linked to an external benchmark, which in this case is the repo rate, the bank said in a release

  • New business verticals, foreign transfers in store for merging bank employees: PNB Sep 11, 2019 09:04 PM IST

    New business verticals, foreign transfers in store for merging bank employees: PNB

    PNB has identified 23 internal working groups and will soon float Request for Proposals (RFPs) to appoint a consultant for restructuring products and services that are best-suited for the customers of the merged entity.

  • RBI slaps fines on 11 banks for delay in reporting fraud Aug 05, 2019 09:55 PM IST

    RBI slaps fines on 11 banks for delay in reporting fraud

    PNB and Oriental Bank of Commerce, in an exchange filing on August 3, said that the penalty was relating to the account of Kingfisher Airlines.

  • Opinion | Thakore’s exit signals ends of Congress’ ‘caste cowboy’ strategy in Gujarat Apr 12, 2019 12:24 PM IST

    Opinion | Thakore’s exit signals ends of Congress’ ‘caste cowboy’ strategy in Gujarat

    The Congress can no longer seen to be able to ensure a balance between the Patels, who feels deprived of benefits given to Dalits and Other Backward Classes (OBCs), and the Thakores who are backward Rajputs.

  • RBI lifts lending curbs on BoI, BoM, OBC Jan 31, 2019 08:38 PM IST

    RBI lifts lending curbs on BoI, BoM, OBC

    "It has been decided that Bank of India (BoI) and Bank of Maharashtra (BoM) which meet the regulatory norms including Capital Conservation Buffer (CCB) and have Net NPAs (non-performing assets) of less than 6 percent as per third quarter results, are taken out of the PCA (prompt corrective action) framework subject to certain conditions and continuous monitoring," the RBI said in a statement.

  • Quick Take | 10% reservation for EWS an astute political move Jan 08, 2019 10:24 AM IST

    Quick Take | 10% reservation for EWS an astute political move

    Some political parties are calling the government’s decision to introduce 10% reservation to EWS a ‘jumla’. This criticism will fall flat if the Bill is passed in Parliament.

  • Opinion | The 3 Ds of Maratha reservation — degradation, distress and deprivation Nov 22, 2018 02:46 PM IST

    Opinion | The 3 Ds of Maratha reservation — degradation, distress and deprivation

    If the Maharashtra government’s decision stands judicial scrutiny it will light the pathway for the Patels in Gujarat, the Gujjars in Rajasthan and the Jats in Haryana who are identically placed as Marathas in terms of past privilege and current economic deprivation

  • Panel examining OBC sub-categorisation likely to get extension till May 31 Nov 21, 2018 05:00 PM IST

    Panel examining OBC sub-categorisation likely to get extension till May 31

    A final call in this regard is expected be taken by the Union Cabinet on November 22 when the proposal is likely to figure during its meeting.

  • OBC turns profitable in Q2 on lower provisions; asset quality improves Oct 25, 2018 01:34 PM IST

    OBC turns profitable in Q2 on lower provisions; asset quality improves

    The bank has reported provisions and contingencies at Rs 1,074 crore, which were lower by 30 percent sequentially and 67 percent YoY.

  • Opinion | The numbers game behind caste census Sep 19, 2018 10:48 AM IST

    Opinion | The numbers game behind caste census

    By agreeing to conduct an OBC census, the government is merely succumbing to the populist pressures of politics. But this game does not end so simply.

  • Ambedkar's dream unfulfilled, reservation is here to stay: PM Modi Aug 12, 2018 01:42 PM IST

    Ambedkar's dream unfulfilled, reservation is here to stay: PM Modi

    Modi lay emphasis on safeguarding the rights of the marginalized and destitute, as being central to the government’s motto of ‘Sabka Saath, Sabka Vikas’.

  • Explained | What is the OBC Bill and what are its political implications? Aug 08, 2018 08:25 PM IST

    Explained | What is the OBC Bill and what are its political implications?

    The bill gives constitutional support to the National Commission for Backward Classes, which was first set up under the National Commission for Backward Classes Act, 1993

  • Jobs meant for OBCs won't go to other categories: Devendra Fadnavis Aug 07, 2018 05:46 PM IST

    Jobs meant for OBCs won't go to other categories: Devendra Fadnavis

    Fadnavis' assurance came against the backdrop of reports that the OBCs are opposing likely inclusion of the Marathas in the OBC category for quota benefits.

  • Amit Shah hails OBC bill, terms it 'historic' Aug 03, 2018 09:15 AM IST

    Amit Shah hails OBC bill, terms it 'historic'

    Hailing the Narendra Modi government for the bill's passage, Shah said it has always been the BJP's goal to create an egalitarian and just society as its mantra is 'sabka saath sabka vikas'.

  • OBC narrows Q1 loss at Rs 393 cr; other income, operating profit fall sharply; NPA rises Jul 25, 2018 01:01 PM IST

    OBC narrows Q1 loss at Rs 393 cr; other income, operating profit fall sharply; NPA rises

    Asset quality weakened further with gross non-performing assets as a percentage of gross advances rising to 17.89 percent in Q1FY19 against 17.63 percent in previous quarter and net NPA climbing to 10.63 percent versus 10.48 percent QoQ.

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