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ALLAHABAD BANK NPAS
Allahabad Bank down 2% as Nifty gains 50 pointsShares of Allahabad Bank traded 1.94 per cent down in trade at 10:00 am on Friday.- Allahabad Bank reports Rs 67 crore divergence in gross NPADivergence in gross NPA is the difference in gross bad loans reported by banks and the assessment done by Reserve Bank of India. Allahabad ...
- IL&FS, farm loan waiver strain Allahabad Bank balance sheetThe bank reported Rs 2,524 crore of fresh bad loan in the December quarter.
- Buy Allahabad Bank, target Rs 48: Manas JaiswalBuy Allahabad Bank at a price target of Rs 48 and a stoploss at Rs 43 from entry point.
- Allahabad Bank seeks Rs 7,000 crore capital infusion from governmentThe bank has shared a revival plan, wherein it has proposed to raise Rs 1,900 crore via QIPs and other means; resolution of IBC cases is ex...
- PSBs write off bad loans worth Rs 1.20 lakh crore in FY18This is a double whammy for the struggling PSBs, as they had massive write-offs as well as huge losses.
- Buy Allahabad Bank, target Rs 77.50: Manas JaiswalBuy Allahabad Bank at a price target of Rs 77.50 and a stop loss at Rs 70 from entry point.
- Buy Allahabad Bank, target Rs 81: Manas JaiswalBuy Allahabad Bank at a price target of Rs 81 and a stop loss at Rs 73.5 from entry point.
- Buy Allahabad Bank, target Rs 95: Dr CK NarayanBuy Allahabad Bank at a price target of Rs 95.0 and a stop loss at Rs 87.0 from entry point
- Buy Allahabad Bank, target Rs 97: Siddharth BhamreBuy Allahabad Bank at a price target of Rs 97.0 and a stop loss at Rs 86.0 from entry point
- Members of Public Accounts Committee of Parliament for forensic audit of PSB defaultersAccording to people privy to PAC deliberations, the Indian Overseas Bank (IOB) authorities told PAC that its gross NPAs as of December 2016...
- Allahabad Bank registers net profit of Rs 75 crore in Q3Total income of the bank decreased to Rs 5,025.13 crore in the October-December quarter, from Rs 5,030.19 crore earnings in the same period...
- NPA sales down to a trickle of just 2 per cent of total bad loansThe report did not offer any reasons for the massive dip in the sales, but it can be noted that banks are not happy with the cheap valuatio...
- Allahabad Bank's net profit rises 29% on treasury gainsState-run Allahabad Bank reported a 28.5% jump in net profit for the quarter to March 2015, riding on treasury gains.
- Allahabad Bank Q3 net profit up 4.6% to Rs 325 croreAllahabad Bank reported 4.6 per cent increase in net profit at Rs 325.36 crore for the October-December quarter even though non- performing...
- Bad Loans of public sector banks like BoB, BoI & Allahabad Bank shrink on better recoveriesThree of the seven banks that have declared quarterly results have shown better recoveries from sticky loans.
- Allahabad Bank rallies on better-than-expected Q2 resultsAccording to banking sector analyst, the results are above estimates. Asset quality has slightly deteriorated, Q-o-Q but the bank’s proviso...
- Allahabad Bank stock dips over 5% on disappointing Q4 resultsShares of Allahabad Bank today tanked over 5 per cent after the company reported 68.5 per cent drop in net profit for the fourth quarter en...
- Allahabad Bank to offload NPAs worth Rs 540 croreAllahabad Bank, Kolkata-based public sector lender today said it is in the process of implementing a three-pronged strategy to rein in the ...
- Allahabad Bank Q1 net up 23% at Rs 514 croreThe public sector bank had posted a net profit of Rs 418 crore in the same period last fiscal.
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