Govt to infuse Rs 1,140 cr capital into Allahabad, Corp Bank

Last Updated: Monday, August 24, 2015, 22:51

State-run Corporation Bank Monday said its board has approved capital infusion of Rs 857 crore by the government.

Allahabad Bank Q1 net up over 30% at Rs 147 cr

Last Updated: Wednesday, July 29, 2015, 14:28

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.

Allahabad Bank cuts lending rate by 0.3%

Last Updated: Tuesday, June 2, 2015, 14:15

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.

Allahabad Bank cuts lending rate by 0.30% to 14.20%

Last Updated: Tuesday, June 2, 2015, 13:15

Allahabad Bank on Tuesday cut its lending rate to 14.20 percent from 14.50 percent.

UBI, 2 other PSU lenders seek exemption from dividend payment

Last Updated: Sunday, May 3, 2015, 13:09

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).

Allahabad Bank Q3 net halves at Rs 164 cr

Last Updated: Thursday, February 5, 2015, 19:09

The bank's net profit in the same quarter last year stood at Rs 325.36 crore.

Bad loans rise at three mid-sized state lenders

Last Updated: Thursday, February 5, 2015, 17:28

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.

Allahabad Bank raises Rs 500 crore via bonds

Last Updated: Friday, January 16, 2015, 20:11

However, the bank did not elaborate where the proceeds would be used.

Allahabad Bank cuts rate on retail term deposits to 8.75%

Last Updated: Wednesday, December 31, 2014, 19:44

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.

Arun Tiwari is new chairman of Union Bank

Last Updated: Saturday, December 28, 2013, 18:31

Public sector lender Union Bank of India Saturday said Arun Tiwari assumed charge as its new chairman & managing director.

Allahabad Bank gets shareholders nod for QIP

Last Updated: Wednesday, December 25, 2013, 13:45

City-based nationalised Allahabad Bank has got the shareholders' approval for a preferential issue of Rs 400 crore and a Qualified Institutional Placement (QIP) of Rs 320 crore for shoring up the equity base of the lender.