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MOODY'S PLACES FINANCIAL STRENGTH RATING OF INDIA'S OBC UNDER REVIEW.

Publication: AsiaPulse News

Publication Date: 30-JUL-04
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COPYRIGHT 2004 Asia Pulse Pty Ltd

LONDON, July 30 Asia Pulse - Moody's Investors Service has placed on review for possible downgrade, the 'D' financial strength rating of Oriental Bank of Commerce (BSE:ORBC0 following a recent announcement that the bank could amalgamate with the troubled Global Trust Bank (BSE:GBTL).

The Reserve Bank of India has...

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