All transfers and promotions for next financial year will be decided by respective banks, not by the merged entity.
Oriental Bank of Commerce on Thursday announced a tie up with Oriental Insurance Company for selling general insurance products through its branches.
Sending a clear directive to Global Trust Bank employees to triple their business, its acquirer Oriental Bank of Commerce has set a growth target of 30 per cent for the combined entity at about Rs 80,000 crore (Rs 800 billion) this fiscal.
In total, 17 people, including Telangana Chief Minister and Congress leader Revanth Reddy, have been issued notices to appear before the Delhi police's investigation officer (in connection with the case. Sources, however, said Reddy is "unlikely" to join the probe and may send his representative.
The move is directed at strengthening Samajwadi Party's weakening hold over a section of the OBCs, who have traditionally remained the most deprived lot. Sharat Pradhan reports
Bharatiya Janata Party President Amit Shah's claim about the party giving first prime minister from the Other Backward Class in Narendra Modi, was on Saturday sharply contradicted by both the Janata Dal-United and the Rashtriya Janata Dal.
"Now, Rahul Gandhi calls the entire OBC community thieves. He gets flak in the courts but he refuses to apologise thus showing how deep-rooted his hatred for OBCs is. The people of India did not forgive him in 2019. In 2024 the punishment will be more severe," he said.
A Kerala court on Tuesday sentenced to death 15 persons associated with the now-banned Islamist outfit Popular Front of India (PFI) in connection with the murder of Bharatiya Janata Party OBC wing leader Ranjith Sreenivasan in this district in 2021, the special prosecutor of the case said in Alappuzha.
Jannayak Janta Party chief Ajay Singh Chautala on Wednesday said his party worked with full honesty to fulfil the 'gathbandhan dharma' over the last four and half years of the alliance and his party was never power hungry.
If Modi wants to leave a real legacy, breaking India's strategic triangulation would be the real gift, notes Shekhar Gupta.
Later in the afternoon, he also said that he was planning to hold a rally of the Maratha community at the protest site on October 12. "It will be attended by all the Marathas. It will show our plight and disappointment.... I will continue my protest here and will not even see the faces of my children till then," he said.
Chief Minister-designate Mohan Yadav, an OBC leader and three-time Bharatiya Janata Party MLA, started his political career when he was a student and rose to become higher education minister of Madhya Pradesh where he announced to make Hindu epic Ramcharitmanas as an optional subject in colleges in 2021.
'They fear their caste privilege will be exposed if there is an OBC caste census.'
Jarange had also claimed that a poisoning attempt was made against him through saline, though he did not elaborate on it.
The announcement, made at the end of a speech of more than one hour in Antarwali Sarati in Jalna in which Jarange made several allegations against Fadnavis, took his supporters by surprise.
The government on Thursday approved inclusion of more castes in the central list of OBCs for various states, a move it hopes will especially help it reach out to people in Naxal affected states.
The Bharatiya Janata Party on Wednesday stepped up its protest against Rahul Gandhi for his 'panauti' jibe against Prime Minister Narendra Modi and urged the Election Commission to take action against the Congress leader.
Speaking exclusively to rediff.com he said that the Gujjars did not fulfill any of the conditions that are necessary to get ST status.
The Supreme Court on Tuesday asked the Bihar government to put in the public domain the break-up of the caste survey data to enable those aggrieved to challenge the findings.
'She showed courage at every turn in her political career.'
He said the then prime minister Manmohan Singh had given a speech in which he had said Muslims have the first right to the country's resources.
Leaders at an all-party meeting on Maratha quota chaired by Maharashtra Chief Minister Eknath Shinde on Wednesday passed a resolution asking activist Manoj Jarange to call off his indefinite fast.
'We don't believe in the BJP. But the Congress has no main leader who is credible.'
'The Constitution of India defeated the BJP.'
'For voters, PM Narendra Modi's name and developmental works in Rajkot are enough reasons to support the BJP'
For the first time in more than 70 years, a sample count of the Other Backward Classes has been made with an official survey.
Moily said there would be no change in the bill compared to that passed in the Rajya Sabha and exuded confidence that it would get through the Lok Sabha also in April.
While addressing a Veerashaiva-Lingayat meeting in Shivamogga, Eshwarappa said, "We do not want even a single Muslim vote here. Nationalist Muslims will, however, vote for the BJP."
When the assembly election comes around later this year with Nayab Singh Saini, from the OBCs, at the helm, the sense of victimhood non-Jats feel will propel the BJP into power again, predicts Aditi Phadnis.
The post, accompanied by Chouhan's picture with his palms brought together, sparked off speculation as "Ram Ram" is used both as a greeting as well as a parting message.
The IT major has earmarked $4 million for this purpose.
'The BJP will use Samrat Choudhary and Vijay Kumar Sinha to check Nitish Kumar.' 'They will not allow him to function freely as before.'
The government is considering giving reservation to backward Muslims within the 27 per cent quota fixed for Other Backward Classes and a decision in this regard will be taken soon, Law Minister Salman Khurshid said on Thursday.
Amid opposition charges that the Bharatiya Janata Party was out to destroy the Constitution, Prime Minister Narendra Modi on Friday said that his government revered it and even Babasaheb Ambedkar would not be able to abolish it now.
Jarange, who was earlier on a hunger strike in the village over his demand for reservation for the Maratha community under the OBC category, had ended his fast on September 14 on the 17th day after Chief Minister Eknath Shinde met him and assured to fulfil his demand.
Oriental Bank of Commerce is set to carry out a major manpower restructuring especially at the acquired Global Trust Bank unit, after it gets a report from National Institute of Bank Management.
The Supreme Court on Tuesday said that it will hear on October 6 pleas challenging the Patna high court's August 1 order giving the go-ahead for a caste survey in Bihar.
Shinde announced that his government is committed to providing reservation to the Maratha community.
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