- Allahabad Bank, American Express to launch co-branded credit cards
State-run Allahabad Bank plans a foray into the credit card space as it wants to raise the share of retail loan business to 20-22% by 2015.
- Allahabad Bank plans to revive $500-million bond sale
Allahabad Bank plans to revive its $500-million overseas bond sale plan that was put on hold, as its Hong Kong business is soaring due to a...
- Allahabad Bank revamps AllBank Finance's board
State-run Allahabab Bank has revamped the board of its wholly-owned merchant banking subsidiary -- AllBank Finance.
- FM Pranab Mukherjee forms panel of bankers to improve banking penetration in north-eastern states
60 blocks in NE states remain unbanked despite the govt's financial inclusion drive. The region also has 55 districts where banks have skel...
- Allahabad Bank to defer its $500 mn medium term notes issue
Allahabad Bank may defer its $500 million MTN issue as interest rates hardened in the overseas markets following the US and European market...
- I expect a loan growth of 25%: JP Dua, Allahabad Bank
JP Dua, Chairman & Managing Director, Allahabad Bank, in an interview with ET Now, speaks about the bank's performance in the quarter gone ...
- Allahabad Bank to take MTN route to raise $500 million for hong kong business
Allahabad Bank has decided to engage four arrangers to raise $500 million in medium-term notes overseas to fund its burgeoning Hong Kong bu...
- Allahabad Bank to pay 60% dividend
Shareholders of Allahabad Bank has approved a dividend of Rs 6 per equity share of face value Rs 10 for 2010-11, at the bank’s ninth annual...
- Allahabad Bank seeks RBI nod to open four overseas branches
Allahabad Bank on Friday said it has approached the Reserve Bank of India (RBI) to open four overseas branches.
- Allahabad Bank to raise $500 mn to fund HK operations
Allahabad Bank plans to raise $500 million overseas to fund its swelling Hong Kong business, which has trebled this fiscal.
- Allahabad Bank to get 670 cr from govt; stock up
Allahabad Bank will receive 670 crore as fresh equity from the government before March, to raise the government holding in the bank to 58% ...
- Allahabad Bank lines up major expansion plans
State-run Allahabad Bank plans to increase its branches by 25% in the next few quarters to raise deposits and loans in a sector where profi...
- RBI may hike rates by 25 basis points: JP Dua, Allahabad Bank
In an interview with ET Now, JP Dua, Chairman and MD, Allahabad Bank, talks about interest rates, credit cost and their next phase of growt...
- Allahabad Bank Q2 net climbs 21%
Allahabad Bank has reported a 21% rise in its net profit at Rs 403 crore for the quarter to September 2010, over Rs 334 crore in the corres...
- PSU banks step up focus on personal loans to boost margins
Amid signs of rising economic growth and improved job market, a host of public sector lenders plan to pamper customers with personal loans ...
- Allahabad Bank business touches Rs 1.79 lakh crore
State-run Allahabad Bank has said its total business touched Rs 1,79,000 crore during the 2009- 10 fiscal, exceeding the target of Rs 1,75,...
- Allahabad Bank targets 2 lakh crore business by year end
Allahabad Bank hopes to continue its current positive growth trend and achieve a business target of Rs two lakh crore by the end of this ye...