Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Oriental Bank of Commerce. Global Credit Research- 02 Dec 2019. Singapore, December 02, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Oriental Bank of Commerce and other ratings that are associated with the same analytical unit.
Moody's Investors Service says that the Indian government's plan to provide more capital support for its public sector banks in the year ending March 2019 (fiscal 2019) will restore capital adequacy and improve loan-loss coverage at many loss-making banks, but stress will persist. "...
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