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Tag: Oriental Bank Of Commerce

29 Banks Witnesses 9,500 Visitors In Two Dayer Digi Dhan Mela

Dec. 19 Economy, Glamour, Social Cause Comments

[New Delhi] 29 Banks Witnesses 9,500 Visitors In Two Dayer Digi Dhan Mela And Provided Eighteen Mobile Wallet
Around 9,500 persons attended a two-day awareness camp to create awareness about digital payments and help people open bank accounts and enroll for Aadhaar,
As per Ministry of Electronics and Information Technology ,.Digital transactions worth Rs 60,000 were conducted at the event that concluded today,
and witnessed footfall of over 9500 visitors in two days
The camp commenced on December 17 culminated today at Major Dhyanchand National Stadium, Delhi.
The objective of the initiative was to enable citizens and merchants to undertake real-time digital transactions through the DigiDhan Bazaar and encourage them to use digital platforms for day-to-day transactions,
“As many as 72 participants from 29 banks including State Bank of India, Corporation Bank, Bank of Maharashtra, Andhra Bank, Oriental Bank of Commerce, Punjab National Bank, ICICI Bank were present,”
Eighteen mobile wallet operators like MobiKwik, Oxygen, TranServ; telecom companies like Airtel, Idea, Reliance Jio participated in the event.
Aadhaar Enabled Payment System (AEPS) vendors, merchants (through marketing associations), co-operatives like Kendriya Bhandar and organised retail fruits and vegetable chains like Safal, Mother Dairy took part in the DigiDhan Mela.
“Cashless transactions took place worth Rs 60,000 at the DigiBazar,”
The UIDAI counter at the Mela created about 500 new Aadhaar accounts and registered over 2,000 new applications and NPCI (National Payment Corporation of India) has made almost 6000 people aware about USSD (, AEPS and RuPay card in a span of two days, it added.

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Government Reshuffles Top Management Of Four Nationalized Banks

Dec. 31 Crime Comments

[New Delhi]Government Reshuffles Top Brass Of Four Nationalized Banks By Segregation Of Chairmanship From MD
Government Of India Today Appointed MD & CEO of Four Nationalised Banks For Three Years
Based on the recommendations of Appointments Board chaired by the Governor,the Reserve Bank of India (RBI)+ the Department of Financial Services (DFS), Ministry of Finance, Government of India announced the appointment of MD & CEO of four Nationalised Banks. The appointments announced are as follows:-
Sl.No.===Name of the person & present designation=====================Name of the Bank where appointed and designation
[1]=====Shri R. Koteeswaran, Executive Director, Bank of India============Indian Overseas Bank – MD & CEO
[2]=====Shri Animesh Chauhan, Executive Director, Bank of India==========Oriental Bank of Commerce – MD & CEO
[3]=====Shri Kishore Kumar Sansi, Executive Director, Punjab & Sind Bank===Vijaya Bank – MD & CEO
[4]=====Shri P. Srinivas, Executive Director, Bank of Baroda==============United Bank of India – MD & CEO
These appointment are for a period of three years or till the date of superannuation, whichever is earlier.
In a significant departure from the past practice, the Government of India has decided to now separate the post of Chairman and MD & CEO.
Henceforward, in the new appointments of PSBs other than SBI, the Chairman will be a part time Board Member who would preside over the Board Meetings and will not be an Executive Chairman. The procedure for selection of part time Chairman would be announced shortly.
The appointment In Syndicate bank is still under consideration .
For three `A’ Category Large Banks, i.e. Bank of Baroda, Punjab National Bank and Canara Bank, the Government has decided to go for a fresh selection procedure with a view to widen the search of candidates.

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