ORIENTAL BANK OF COMMERCE - Raising of Tier II Capital

With reference to the earlier letter dated October 13, 2014, Oriental Bank of Commerce has now informed BSE that Banks Issue of Unsecured Redeemable Non-Convertible Basel III compliant Tier II Bonds in the nature of Debentures of Rs. 10,00,000/- each for cash at par aggregating Rs. 750.00 crore with an option to retain over-subscription of upto Rs. 250.00 crore at the coupon of 9.20% p.a., was open from October 14, 2014 to October 21, 2014 and was subscribed to the extent of Rs. 1000 crore.