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Tuesday, February 27, 2018

All OBC employees are requested to counter rumours to save the bank from unnecessary defamation.

There is media trial in banking industry nowadays. Old news are being propagated as it happened recently. In cases of OBC, All OBC employees are requested to counter rumours to save the bank from unnecessary defamation. Both cases of so called recent frauds 397 crores of Delhi Jwellers and 200 crores of simbhauli sugars pertain to old years and well in time reported to Reserve Bank of India as well as to central buero of investigation. As per informations available OBC has already made provisions in last years against these losses. So do not be panic and try to convince all concerned like staffs, customers, media persons that OBC is safe bank. We are the first bank, we have linked swift with finacle to safeguard against frauds like in PNB. We are facing the npa and we all must support in recovery of bad loans to win over the problem and to come out from pca. We hope that with full support of all staffs members, we will/may come in profit in second quarter of 2018-19. In this period of crisis and challenge, be positive and be careful too. All we are committed employees of OBC and wish that OBC will regain its glory and would become again role model in banking industry.


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