Oriental Bank of Commerce (OBC) was a public sector bank headquartered in Gurugram, Haryana — merged into Punjab National Bank (PNB) in April 2020 as part of the Government’s PSU bank consolidation, along with United Bank of India. OBC no longer exists independently; its branches now operate as Punjab National Bank.
| Founded | 1943 — Lahore (now Pakistan); re-HQ Gurugram post-partition |
| Nationalised | 1980 |
| Status | Merged into Punjab National Bank — April 1, 2020 |
| Surviving Entity | Punjab National Bank (BSE: 532461 | NSE: PNB) |
Who Owned Oriental Bank of Commerce?
Oriental Bank of Commerce was owned by the Government of India — nationalised in 1980. In April 2020, OBC merged into Punjab National Bank along with United Bank of India, making PNB one of India’s largest public sector banks. PNB (government-owned, HQ: New Delhi) is the surviving entity. OBC’s branches now operate as Punjab National Bank.
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Oriental Bank of Commerce was merged into Punjab National Bank as part of the 2020 PSU bank consolidation.