allahabad bank
Govt to bring amendments to two Acts to enable privatisation of PSU banks
Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore
Mega merger of state-run banks comes into force from April 1: RBI
The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan
Allahabad Bank lowers interest rates by up to 35 bps
The RBI repo rate has been cut down to 5.15 per cent from the existing rate of 5.40 per cent
Allahabad Bank board approves merger with Indian Bank
Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the merger.
Boards of Allahabad, Andhra Bank schedule meeting for merger proposals
Following next year, Bank of Baroda had merged Vijaya Bank and Dena Bank with itself.
Indian Bank expects to complete merger with Allahabad Bank by March 31
Last week, the government announced consolidation of 10 public sector banks into four mega state-owned lenders.
Allahabad Bank okays raising Rs 2,000 cr equity capital via QIP
The Kolkata-headquartered lender is scheduled to announce its June 2019 quarter earnings on Wednesday.
Allahabad Bank stock drops 8 pc after reporting Rs 1,775-cr fraud
Allahabad Bank is the second state-owned lender to report a fraud by Bhushan Power and Steel Ltd (BPSL), to the RBI.
Not backing out from buying Bhushan Power: JSW tells NCLT
NCLT said that alleged fraud reports will not have any impact on the insolvency resolution process and JSW's resolution plan for BPSL.
Allahabad Bank reports USD 259 mn alleged fraud by Bhushan Power & Steel
Bhushan Power & Steel among the first 12 companies referred by RBI to a bankruptcy court for a debt resolution process.