Date:02/03/2007 URL: http://www.thehindubusinessline.com/2007/03/02/stories/2007030204040600.htm

OIC alliance meeting

Our Bureau

Mangalore, March 1

The first general council meeting of the OIC (Oriental Bank of Commerce, Indian Bank, Corporation Bank) alliance was held in Bangalore on February 24-25. A Corporation Bank release said on Thursday that CMDs, EDs and General Managers of three banks attended the two-day meeting.

The purpose of the meet was to generate synergies at the operation level, identify newer areas of collaboration and to generate newer ideas for customer value addition. On the first day of the conclave, Dr Blaine Lee, Senior Consultant, Franklin Covey, US, addressed the council members on `Leadership challenges and integration of processes for the alliance.' Mr Leo Puri, Director of McKinsey, spoke on the ideal business model for the alliance, the release added.