Nine out of 21 public sector banks reported losses in FY17
Nine of the 21 public sector banks, including IDBI Bank and Indian Overseas Bank, reported losses during 2016-17, the parliament was informed on Tuesday.
Jul 18, 2017, 15:28 PM IST
Finance Ministry in talks with PSBs to get a fix on growth plans, funding
The finance ministry has initiated detailed discussions with select public banks to assess their growth blueprint over the next three years and seek turnaround plans to check if they need more growth capital.
Apr 23, 2017, 12:10 PM IST
Eight Executive Directors appointed in various banks
Eight Executive Directors (EDs) have been appointed in various public sector banks on the recommendations of Banks Board Bureau.
Feb 17, 2017, 14:19 PM IST
Allahabad Bank cuts lending rate by 0.85%
Public sector lender Allahabad Bank on Monday slashed its benchmark lending rate by 0.85 percent in line with market competition.
Jan 09, 2017, 21:04 PM IST
RBI slaps penalty on UCO Bank, Allahabad Bank, Bank of India
RBI has imposed penalty of Rs 2 crore each on Allahabad Bank and UCO Bank, and Rs 1 crore on Bank of India for violation of anti-money laundering norms.
Jul 26, 2016, 20:04 PM IST
Fire breaks out in Kolkata bank
A major fire broke out on Tuesday at a branch of a nationalized bank.
Jul 05, 2016, 14:01 PM IST
Aapka Bazaar: Advice on Allahabad Bank & Mangalam Drugs
Our viewers ask questions regarding the share of Allahabad Bank & Mangalam Drugs. Check out what our expert advises on the stocks.
Dec 10, 2015, 13:44 PM IST
Yes Bank, Kotak Mahindra Bank, Allahabad Bank, SBBJ cut base rate by 0.25%
Four public and private sector lenders -- Allahabad Bank, SBBJ, Yes Bank and Kotak Mahindra Bank -- Thursday announced a cut in base rate by up to 0.25 percent that will bring down the cost of various kinds of loans.
Oct 01, 2015, 15:28 PM IST
Govt to infuse Rs 1,140 cr capital into Allahabad, Corp Bank
State-run Corporation Bank Monday said its board has approved capital infusion of Rs 857 crore by the government.
Aug 24, 2015, 22:51 PM IST
Allahabad Bank Q1 net up over 30% at Rs 147 cr
Allahabad Bank Wednesday reported over 30 percent rise in net profit at Rs 146.86 crore during the first quarter ended June 30, against 112.72 crore in the same quarter of the previous fiscal.
Jul 29, 2015, 14:28 PM IST
Allahabad Bank cuts lending rate by 0.3%
First off the blocks, state-owned Allahabad Bank on Tuesday cut its base rate or minimum lending rate by 0.3 percent within hours of RBI lowering key policy rate for the third time this year.
Jun 02, 2015, 14:15 PM IST
Allahabad Bank cuts lending rate by 0.30% to 14.20%
Allahabad Bank on Tuesday cut its lending rate to 14.20 percent from 14.50 percent.
Jun 02, 2015, 13:15 PM IST
UBI, 2 other PSU lenders seek exemption from dividend payment
Three public sector banks -- Bank of India, Union Bank of India and Allahabad Bank -- have sought exemption from payment of dividend citing higher provisioning for non-performing assets (NPAs).
May 03, 2015, 13:09 PM IST
Allahabad Bank Q3 net halves at Rs 164 cr
The bank's net profit in the same quarter last year stood at Rs 325.36 crore.
Feb 05, 2015, 19:09 PM IST
Bad loans rise at three mid-sized state lenders
UCO Bank and Allahabad Bank, two other state-run lenders that reported quarterly results on Thursday, also saw their bad loan ratios widening, leading to a fall in their share prices.
Feb 05, 2015, 17:28 PM IST
Allahabad Bank raises Rs 500 crore via bonds
However, the bank did not elaborate where the proceeds would be used.
Jan 16, 2015, 20:11 PM IST
Allahabad Bank cuts rate on retail term deposits to 8.75%
State-run Allahabad Bank has cut interest rate on retail term deposits having maturity period of one year to less than five years by 0.15 percent to 8.75 percent.
Dec 31, 2014, 19:44 PM IST
Allahabad Bank cuts interest rate on retail deposits by 0.15%
Public sector lender Allahabad Bank Wednesday cut by 0.15 percent the rate of interest on retail term deposits maturing in 1-5-years.
Nov 05, 2014, 22:19 PM IST
Allahabad Bank seeks Rs 900 crore capital from government
State-run Allahabad Bank said Tuesday that it has sought a Rs 900-crore capital infusion from the government during the current financial year.
Sep 16, 2014, 19:49 PM IST
Allahabad Bank seeks Rs 900 crore capital from government
The government has budgeted only Rs 11,200 for capital infusion in public sector banks during this fiscal.
Sep 16, 2014, 19:17 PM IST
