Full formBanking & Finance
ONBstands forOrissa National Bank
Full Form of ONB
What is ONB?
Orissa National Bank (ONB) was a private sector bank headquartered in Cuttack, Odisha, India. Founded in 1919, it played a significant role in extending banking services to rural and urban populations in the region, especially during the pre-independence era. ONB contributed to the financial inclusion efforts in Orissa (now Odisha) and was known for its focus on local economic development. The bank was later amalgamated with other regional rural banks under the government's consolidation policy, eventually forming Utkal Gramya Bank. Today, ONB is referenced in academic discussions on the history of banking in India, particularly the evolution of regional banks and merger trends. It is often cited in competitive exam questions related to the Indian banking sector's historical milestones, making it relevant for aspirants preparing for banking and finance exams.
ONB का फुल फॉर्म
उड़ीसा नेशनल बैंक
Example
The Orissa National Bank (ONB) was one of the oldest private banks in Odisha, operating until its merger in 2005.
ONB — frequently asked questions
What is the full form of ONB?
The full form of ONB is Orissa National Bank, a former private sector bank in India.
When was Orissa National Bank established?
Orissa National Bank was established in 1919 in Cuttack, Odisha.
What happened to Orissa National Bank?
Orissa National Bank was merged with other regional rural banks to form Utkal Gramya Bank under the government's consolidation plan.