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Top India Inc bosses tee off at high-flying tourney96 amateur golfers from the corporate world assembled at the Bombay Presidency Golf Club in Mumbai to participate in the Turkish Airlines W...- Cash recovery helps Allahabad Bank post unexpected growth in net120-crore cash recovery has helped Allahabad Bank to report a more than expected 23% net profit growth even as its NIM fell by 23 basis poi...
- Allahabad Bank, American Express to launch co-branded credit cardsState-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.
- RBI hikes export credit refinance limitRBI has offered Rs 30,000 crore of additional liquidity by way of higher refinance against export credit but banks may not be too eager to ...
- Allahabad Bank to raise Rs 1,463 crore from government and LICAllahabad Bank's shareholders approved bank's plan to raise Rs 1,463 crore capital by issuing preference shares to the government and LIC.
- Allahabad Bank revamps AllBank Finance's boardState-run Allahabab Bank has revamped the board of its wholly-owned merchant banking subsidiary -- AllBank Finance.
- Pranab Mukherjee to hold regional banking business review meeting on December 10The finance minister holds banking business review meetings periodically in different regions. The last episode of such event took place in...
- FM Pranab Mukherjee forms panel of bankers to improve banking penetration in north-eastern states60 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 net rises 21 per cent to Rs 488 croreAllahabad Bank has reported a 21% rise in both net and operating profit for the September quarter.
- Allahabad Bank to defer its $500 mn medium term notes issueAllahabad Bank may defer its $500 million MTN issue as interest rates hardened in the overseas markets following the US and European market...
- Allahabad Bank to take MTN route to raise $500 million for hong kong businessAllahabad 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% dividendShareholders 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 branchesAllahabad 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 operationsAllahabad 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 upAllahabad 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 plansState-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...
- PSU banks step up focus on personal loans to boost marginsAmid 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 croreState-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 endAllahabad 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...
- Allahabad Bank to set up SBU to boost third-party bizKolkata-based Allahabad Bank, which has just stepped into its 144th year of banking voyage, has decided to set up a special business unit (...
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