#1
December 29th, 2017, 04:01 PM
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Indian Bank OCC
Hi buddy will you plz tell me meaning of OCC in Indian Bank reference , as my one of the friend asking me about the same ??
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#2
December 30th, 2017, 08:53 AM
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Re: Indian Bank OCC
Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India. As you want here I am telling OCC (Open cash credit) Account is a kind of bank account which basically serves to small & medium enterprises (SME). An OCC (Open cash credit) A/c holder can have cash credit facility against his stocks & receivables. Bank profile: Type Public Traded as BSE: 532814 NSE: INDIANB Industry Banking, Financial services Founded 15 August 1907; 110 years ago Headquarters Chennai, India Key people Kishore Kumar Kharat (MD & CEO) M K Bhattacharya & A S Rajeev (Executive Directors) Products Consumer Banking Corporate Banking Finance and Insurance Mortgage Loans Investment Banking Merchant Banking Private Equity Private Banking Savings wealth management Credit Cards Revenue 7,370.16 crore (US$1.1 billion) (20170 Operating income 4,000.7 crore (US$620 million) (2017) Net income 1,405.68 crore (US$220 million) (2017) Total assets 218,233.15 crore (US$34 billion) (2017) Owner Government of India Number of employees 20,924 (2017) Capital ratio 13.20% |
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