Oriental Bank of Commerce allots 9.20% Unsecured Redeemable Non Convertible Basel III Complaint Tier II Bonds

Oriental Bank of Commerce's issue of 9.20% Unsecured Redeemable Non Convertible Basel III Compliant Tier II Bonds was fully subscribed to the extent of Rs. 1000.00 crore and allotment has been made on October 27, 2014 as per the terms of the Offer Document.

Shares of ORIENTAL BANK OF COMMERCE was last trading in BSE at Rs.278.85 as compared to the previous close of Rs. 265.55. The total number of shares traded during the day was 255326 in over 8952 trades.

The stock hit an intraday high of Rs. 281.4 and intraday low of 264. The net turnover during the day was Rs. 69693297.

Source : Equity Bulls

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