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1 min read
Allahabad Bank into sunset after getting merged with Indian Bank
She also said all the deposit and loan products,including access to Indian Bank's emergency credit …
PTI
1 min read
Indian Bank board approves share swap for Allahabad Bank merger
As per this plan, United Bank of India and Oriental Bank of Commerce will be merged with Punjab Nat…
PTI
1 min read
Allahabad Bank lowers external benchmark-linked loan pricing
"...the Asset Liability Management Committee (ALCO) of the Bank has decided to revise interest rat…
PTI
1 min read
Allahabad Bank gets govt's in-principle nod for merger with Indian Bank
New Delhi, Nov 19 () Allahabad Bank on Tuesday said the government has given in-principle approval …
PTI
1 min read
Allahabad Bank cuts MCLR by 5 bps across tenors
The Asset Liability Management Committee of the bank has reviewed the existing MCLR and decided for…
PTI
2 mins read
Customers won't face any disruption post Allahabad Bank merger: Indian Bank
"As a combined entity, Indian Bank's balance sheet is much stronger. We can offer higher amount of…
PTI
1 min read
Allahabad Bank gets fresh capital of Rs 2,153 cr from govt
New Delhi, Dec 26 () State-owned Allahabad Bank on Thursday said it will get a fresh capital infusi…
PTI
2 mins read
The Indian government has finally appointed the CEOs of 10 “head-less” public-sector banks
Not only have India’s public-sector banks had to contend with the lion’s share of the banking secto…
2 mins read
How one fraudster drove Punjab National Bank to the highest quarterly loss in the history of Indian banking
Modi and his associates defrauded these banks of ₹130 billion ($1.92 billion) between 2011 an…
3 mins read
Allahabad Bank Q3 net loss widens over two-fold to Rs 1,986 cr on higher provisioning for dud loans
The divergence in provisioning was Rs 453 crore for 2018-19, which included Rs 193 crore towards p…
PTI
1 min read
Andhra Bank and Allahabad Bank willing to sell bad loans worth Rs 6,000 crore
Andhra Bank has decided to sell off more than 100 accounts with loans that add up to about Rs 4…
1 min read
Prayagraj faces flood threat as the water level of the Ganga, Yamuna rise
The water level in the two rivers has been on the rise since the past five days. On Monday,…
1 min read
Jaypee Infra's IRP approaches NCLT Allahabad for approval of NBCC's bid
New Delhi, Jan 6 () Jaypee Infratech's Interim Resolution Professional Anuj Jain has filed an appli…
PTI
1 min read
The gains and losses of Public sector banks
Public sector banks came under profit booking, some of them for a second day, after a sharp and swi…
1 min read
Domestic Banks are having the last laugh
(Image credits: Indiatimes)
2 mins read
S&P lowers Axis Bank rating on increased economic risks for banks
"We lowered our ratings on Axis to reflect our expectation that heightened economic risks facing In…
PTI
3 mins read
Mega bank merger marks new dawn for Indian banking space: FinMin
"We don't foresee any problem it is going as per the plan. We have reviewed in the light of this s…