BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Gurugram, Haryana is the headoffice of which of the following banks?
A
Punjab National Bank
B
Oriental Bank of Commerce
C
State Bank of India
D
United Bank of India
Explanation: 

Detailed explanation-1: -Newlay) of Oriental Bank of Commerce.-Shri Nagesh Pydah, as Chairman & Managing Director of Oriental Bank of Commerce.

Detailed explanation-2: -Oriental Bank of Commerce made a beginning under its Founding Father, Late Rai Bahadur Lala Sohan Lal, the first Chairman of the Bank. Within four years of coming into existence, the Bank had to face partition.

Detailed explanation-3: -Oriental Bank of Commerce is an India-based bank established in Lahore. The bank was nationalised on 15 April 1980. At that time total working of the bank was INR483 crores having 19th position among the 20 nationalised banks.

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