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Low interest rate instant Personal Loan in Kanpur,22 November 2019 from Oriental Bank of Commerce

Kanpur is an Indian city in the state of Uttar Pradesh. It was earlier known as "Cawnpore." It closely follows the state capital Lucknow in terms of area and population. The city is of utmost religious, historical and commercial importance. Kanpur stands on the banks of the eternal Ganga and is considered to be one of the major industrial centers of India. This industrial town excels in basic metal, chemicals and rubber products. Kanpur has a bunch of defense factories for Field guns, ordnance equipment, small arms and ordnance parachutes. The leather industry in Kanpur is also quite famous. Kanpur previously had a huge yield of cotton and was often called the "Manchester of India." Besides being the most industrialized region of UP, Kanpur is also recognized as an important educational center. The city hosts prestigious institutions like IIT Kanpur and Harcourt Butler Technological Institute. Moreover, Kanpur is closely following Kota and has recently become a hub of coaching center. Innumerable coaching institutes have sprouted in the Kakadeo area of Kanpur. The infrastructural facilities in Kanpur are under development. The city has a domestic airport, but people need to travel to the neighboring city of Lucknow for international flights. Kanpur Central is an important and busy railway station with rail routes connecting to all major Indian cities. The local roads in Kanpur are not well appreciated although many highways pass through the city. A peripheral Outer Ring Road is under-construction to allow the heavy vehicles to bypass the city and prevent traffic congestion in the city. Kanpur is famous for its pollution. According to WHO, it is the worlds most polluted city and thus hinders the development of the city.

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On 19th February 1943, the OBC was started in Lahore, Pakistan by Late Rai Bahadur Lala Sohan Lal, the founding father of Oriental Bank of Commerce. The bank had to face the after-effects of partition in 1947. The branches in the newly formed Pakistan had shut, and the Registered Office had shifted from Lahore to Amritsar. The registered office was relocated to Delhi, in the year 1951. In 1980, it was nationalized by the Indian government. The merchant banking division of the bank was set up in 1992, and it was authorized by SEBI to act as a category-I merchant banker. In the year 1997, Punjab Co-operative Bank Ltd and Bari Doab Bank Ltd were merged with the OBC bank. The bank had joined hands with Citibank for launching OBC co-branded credit card. In the year 1999, OBC had set up asset recovery branch, one each at Delhi and Mumbai. For women entrepreneurs in the year 2002, the Bank had opened a specialized office and collaborated with Corporation Bank for sharing ATM network. In the year 2003, CBS, OBC had joined hands with Infosys Technologies Ltd and Wipro Ltd to make Centralised Banking Solution. In the same year, the OBC Bank and Small Industries Development Bank of India (SIDBI) had agreed to work on projects in the field of small-scale, infrastructure and service areas. In February 2008, the Oriental Bank Navkiran Deposit Scheme was launched by the bank. Kotak Mahindra Asset Management Company entered into a distribution tie-up with OBC in March of the year 2008.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs