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Latest Articles in allahabad bank

Plea In HC Against Appointment Of Auditors By Indian Bank

The association has claimed in its petition that according to the guidelines laid down by RBI, SBAs will have a tenure of four years and cannot be removed before that without prior approval of the top bank of the country.

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Matam Venkata Rao Assumes Charge As MD & CEO Of Central Bank Of India

'Matam Venkata Rao assumed charge of Managing Director and Chief Executive Officer of Central Bank of India w.e.f. today i.e. 01st March, 2021,'

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Indian Bank clocks Q3 profit at Rs 514 crore

Indian Bank clocks Q3 profit at Rs 514 crore

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Shubhalakshmi Panse Resigns As PNB Housing Finance Independent Director

Shubhalakshmi Panse, who had served as managing director at Allahabad Bank from October 2012-January 2014, was appointed as independent director of PNB Housing Finance Ltd (PNBHFL) in July 2017.

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Indian Bank Inaugurates Amalgamated Branches In Chennai

Indian Bank, the 7" largest PSB in the country, not only has Pan-India presence with its vast branch network but also has bouquet of digital products like Internet Banking and Mobile Banking for customers to make their banking transactions anytime, anywhere.

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Indian Bank Q4 Net Loss Widens To Rs 218 Crore

Net profit for FY 20 was at Rs 753 crore with a year-on-year growth of 134 per cent over Rs 322 crore in FY 19.

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Surana & Surana International Attorneys Advises Allahabad Bank For Merger With Indian Bank

Surana & Surana International Attorneys (SSIA) were appointed by Kolkata headquartered Allahabad Bank to conduct total due diligence for their merger into the Chennai Head Quartered Indian Bank.

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Allahabad Bank Board Approves Merger With Indian Bank

Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the merger.

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Boards Of Allahabad, Andhra Bank Schedule Meeting For Merger Proposals

Following next year, Bank of Baroda had merged Vijaya Bank and Dena Bank with itself.

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Indian Bank Expects To Complete Merger With Allahabad Bank By March 31

Last week, the government announced consolidation of 10 public sector banks into four mega state-owned lenders.

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India To Inject USD 1.65 Billion In Five State Banks In About A Week: Government Source

PNB will get 28.16 billion INR, while Indian Overseas Bank, Corporation Bank, Andhra Bank and Allahabad Bank are the other four lenders in which the government will inject capital in the latest round

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Allahabad Bank Divests Its CEO Usha Ananthasubramanian Of All Powers

The Board of state-owned Allahabad Bank today divested its MD and CEO Usha Ananthasubramanian of all powers with immediate effect, following a directive from the finance ministry after she was named in the CBI's chargesheet in PNB fraud case.

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Allahabad Bank discloses Rs 2,000 cr exposure in PNB fraud

Allahabad Bank has an exposure of around Rs 2,000 crore by way of Letter of Undertakings issued by Punjab National Bank to Nirav Modi, the billionaire diamond merchant in the centre of a Rs 11,400-crore fraud.

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Allahabad Bank Eyes Rs 270 Cr Capital From Staff Share Offer

City-based Allahabad Bank is aiming to raise Rs 250-270 crore from the employee share offer which started from January 31, 2018, a top official of the bank has said.

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