Oriental Bank of Commerce Launches Mobile Wallet ‘Batuaa’
Posted on:20 Feb 2017 09:45:17
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20 February 2017 Current Affairs: The Oriental Bank of Commerce (OBC) launched a series of digital offerings for its customers on February 19, 2017 which also marks the 75th Foundation Day of the bank.
The OBC bank introduced a new version of mobile banking in the form of mobile app under the name ‘Oriental Batuaa’ to provide banking services through app.
Besides, OBC also launched two new RuPay cards, Oriental Premium card and Oriental Prepaid Card.
Oriental Premium card is a RuPay based Platinum international debit card with airport lounge access. Oriental Prepaid Card is a RuPay card for individuals and corporates’.
The bank also launched two MSME schemes ‘Oriental Sanjeevani’ and ‘Oriental Budget Hotels and Restaurants’.
Oriental Sanjeevani is a specialised scheme for doctors for setting up new hospitals and clinics. The Oriental Budget Hotels and Restaurants scheme is for individuals, proprietors, companies etc for setting up new hotels, restaurants, lodges, motels etc.
The OBC bank aims to achieve atleast 75 percent of its total transactions through non-branch channels by March 2018.
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