Aurangabad is a historically and culturally important city in the state of Maharashtra. It houses one of the Worlds Heritage Sites, Ajanta and Ellora Caves, which makes the tourists swarm in to this city at any time of the year. Aurangabad has various cultural lineage linked to it. It was found in 1610 by Mughal Emperor Aurangzeb and the city was named after him. Lately, the city is heading towards a rapid industrial growth but the most exciting thing about the city is that its culture, heritage and traditions still remain intact. Beautifully situated near the elevated Deccan Plateau, it has beautiful locations to explore and a mix of cultural heritage to offer to its visitors. The city was found by Aurangzeb in 1610 but it wasnt as relevant in the medieval period. The city gained importance in the entire country after it was turned into the capital of the entire Mughal Empire from 1653 to 1707. After the death of Aurangzeb, the glory of the city was faded. Aurangabad has facsinating monuments like Bibi-qa-Maqbara, Taj Mahal Replica and the famous Buddhist caves.
In 1943, Rai Bahadur Lala Sohan Lal Ji, the first Chairman of OBC, founded it in Lahore. Within four years of its existence, the Oriental Bank of Commerce had to face Partition between India and Pakistan. The bank had to shut its branches in the newly formed Pakistan and move its registered office to Amritsar. The period of 1970-76 had been the most challenging phase in the history of the Bank. The OBC merged with Global Trust Bank (GTB) on 14 August 2004. The acquisition brought 103 branches with it, which increased OBCs branch number total to 1092. The bank presents a wide range of banking products and financial services such as deposit accounts, credit cards with a tie-up with SBI, Insurance products, ATMs, loans, debit cards, Internet banking, Self-banking halls, call center, mobile banking, etc. The Bank has introduced another peoples participation in the planning process at grass root level fundamentally to tackle the maladies of poverty. The Grameen Projects venture aimed to alleviate poverty while identifying the reasons responsible for the failure or success. The OBC has already introduced a GRAMEEN PROJECT in Dehradun District (UK) and Hanumangarh District in Rajasthan.