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Harvard Business Publishing features successful merger of Indian Bank and Allahabad Bank

Aug 25, 2021, at 12:17 am

New Delhi: Indian Bank has been featured in the Harvard Business Publishing for its successful merger of Allahabad Bank.

Indian Bank,Allahabad Bank pre-amalgamation meeting

Nov 08, 2019, at 05:42 pm

Kolkata/UNI: After Government of India’s announcement of 30th August, 2019 regarding the amalgamation of Kolkata-based Allahabad Bank into Indian Bank, the Board of Directors of both the Banks gave in-principle approval for the amalgamation.

Indian Bank board approves Allahabad Bank merger

Sep 18, 2019, at 08:48 pm

Chennai, Sep 18 (UNI) The Board meeting of Indian Bank on Wednesday gave its in-principle approval for the merger of Allahabad Bank with it.

Allahabad Bank Q1 net profit stands at Rs 128 cr

Jul 31, 2019, at 05:14 pm

Mumbai, Jul 31 (UNI) Public Sector lender Allahabad Bank has reported net profit of Rs 128 crore for the quarter ended for the quarter ended June 30 as against net loss of Rs 1,944.37 cr for the quarter ended June 30, 2018 .

RBI imposes penalty of Rs 2 cr on Allahabad Bank

Mar 05, 2019, at 03:30 pm

Mumbai, Mar 5 (UNI) Public Sector lender Allahabad Bank said that The Reserve Bank of India (RBI) has imposed a penalty of 2 crore on the Bank for non compliance of the RBI direction dated 20 February,

Total business of Allahabad Bank in the 2nd Quarter of this fiscal stands at Rs 3,59,450 crores says Managing Director

Nov 10, 2017, at 11:45 pm

Kolkata, Nov 10 (IBNS): The total business of Allahabad Bank stands at Rs. 3,59,450 crores in the second quarter of this fiscal stated Smt Usha Ananthasubramanian, the Managing Director and CEO of Allahabad Bank on Friday in a press conference arranged at the bank-premises in the city.