Kolkata: Hampered by the shocking record in priority segment lending in eastern region, Oriental Bank of Commerce (OBC) held a meeting of all the 44 section heads in the region including West Bengal, Sikkim and Assam to fix up schemes to raise the bank’s exposure towards this sector.
The Oswal Group flagship firm Vardhman Polytex announced that the company will raise 10 million dollars through the issue of Foreign Currency Convertible Bonds (FCCBs) in overseas market.