OSCB Cuttack Road Branch gets its own accommodation
Bhubaneswar: A new accommodation of OSCB Cuttack Road Branch in ESSEN City Centre was inaugurated on Sunday by Atanu Sabyasachi Nayak, Minister FS&CW Cooperation.
The OSCB came into existence in the year 1948 licenced by RBI and is a scheduled Bank. Presently it has 14 branches, of which 7 are in Bhubaneswar, 2 in Cuttack and one each in Angul, Paradeep, Rourkela, Sambalpur and Berhampur.
The total working capital of the bank as on March 31 2022 is Rs 21320.40 crore with a net profit of Rs 143.13 crore during the financial year 2021-22.
The Cuttack Road Branch, initially functioning as market extension counter from 1996 was upgraded to a full-fledged branch on May 1, 2003 as per RBI license.
Sanjiv Kumar Chadha, Secretary Cooperation & Administrator OSCB, Gopabandhu Satpathy MD OSCB, Udhab Chandra Majhi, Registar Cooperative Societies, other departmental officers and bank employees were present during the inauguration ceremony.
