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ALLAHABAD BANK
Grain trader deposited Rs 5.2 crore cash in bank, filed ITR declaring Rs 7.65 lakh income, got unexplained deposit income tax notice; won case in ITAT Delhi for this reasonWhen Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs...
BJP declares candidates for 10 UP, Bihar MLC seatsThe BJP has announced four candidates for Bihar and six for Uttar Pradesh for the upcoming Legislative Council elections in the teachers an...
Finance company sent recovery agents at midnight to seize vehicle, sells without giving notice; Supreme Court orders Cholamandalam Finance to pay Rs 15 lakhCholamandalam Investment and Finance Company has been ordered to pay a truck owner around Rs 15 lakh in total after seizing and selling his...
SBI debits Rs 19.9 lakh for late spouse’s loan, freezes salary account despite not part of the debt; High Court orders it to pay widow Rs 20.9 lakhAllahabad High Court has ordered SBI to refund Rs 19.9 lakh after the bank used a widow’s fixed deposit to recover her late husband’s perso...
SC asks RBI to secure compliance of norms on seizure of financed vehicles by NBFCs, banksThe Supreme Court mandated the RBI to enforce lawful vehicle repossession rules. Financial institutions cannot seize vehicles without due l...
Indian Bank to enter life insurance business, soon to seek board nodIndian Bank plans to enter life insurance and asset management sectors soon. The bank is seeking board approval for these proposed new vent...
Monkeys turn residents in Noida society into cages, authorities debate jurisdictionResidents of Gulshan Botania in Noida’s Sector 144 say rhesus macaques have repeatedly entered homes, damaged belongings and raided kitchen...
Indian Bank to open representative office in Dubai to expand foreign operationsIndian Bank plans to open a representative office in Dubai after receiving board approval, targeting business from the large Indian diaspor...
Retired Air Marshal Jeetendra Mishra appointed 1st Ram temple Trust CEOThe Shri Ram Janmabhoomi Teerth Kshetra Trust appointed Air Marshal Jeetendra Mishra as its first chief executive officer. Swami Govinddev ...
Indian Bank to add 100 branches, hire 2,500 as expansion shifts westIndian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand...
School assembly news headlines for August 28: Top India, world, sports and business updatesSchool Assembly News Headlines for August 28, 2026: India’s key developments include PM Modi’s upcoming Central Asia visit, preparations fo...
Bank froze businessman's account over income mismatch, now it is asked to pay Rs 50,000 compensation; HC explains whyFish machinery businessman's bank account frozen as he declared 5.76 lakh income but got Rs 23 lakh via RTGS; HC orders bank to pay Rs 50,0...
Allahabad HC orders banks to freeze only disputed amount in cybercrime casesThe Allahabad High Court has ruled against the imposition of blanket debit freezes in cybercrime cases, emphasizing that such measures must...
Woman took a home loan at 12% interest, but Citi Bank charged up to 16.5% and recovered Rs 12.9 lakh extra; consumer commission orders refund and Rs 1 lakh compensationCiti Bank has been ordered to refund Rs 12,91,248 to a home loan borrower after the Delhi State Consumer Disputes Redressal Commission foun...
HC orders father, govt to pay Rs 25 lakh compensation to two Bhatia sisters who converted to Islam, says they are free to live with anyoneThe Allahabad High Court has ordered the father of two adult sisters and the Uttar Pradesh government to jointly pay Rs 25 lakh compensatio...
- Sell Allahabad Bank with a target of Rs 75: Mitesh Thacker
'Allahabad Bank is a 'SELL' call with a target of Rs 75 and a stop loss of Rs 82.60'
Retail banking buoys Allahabad Bank, Q4 net up 29%Allahabad Bank's net profit for the quarter ended March 2015 rose 28.5 per cent to Rs 202.63 crore, from Rs 157.75 crore a year ago.
- Allahabad Bank Q1 net up 23% at Rs 514 crore
The public sector bank had posted a net profit of Rs 418 crore in the same period last fiscal.
- Allahabad bank to expand branches
Public Sector Allahabad Bank has set a target of adding 155 branches and 500 ATMs across the country this fiscal, besides a branch in Bangl...
- Allahabad Bank Q4 net profit climbs 15%
Improvement in core business and a higher return from it have helped Allahabad Bank to report a 15% rise in net profit for the quarter to M...