Latest News on Allahabad Bank
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Allahabad Bank - Total results - 93
Apr 17, 2019
PNB scam: Gitanjali Gems headed to liquidation as bankers cite delays; Mehul Choksi-run firm owes creditors over Rs 12,550 crMehul Chokis is a key player in the Rs 14,000-crore Punjab National Bank (PNB) scam
Apr 13, 2019
Financial Intelligence Unit slams Allahabad Bank for not filing transaction reports of NGOs receiving foreign fundsAllahabad Bank admitted that it had not carried out determination of beneficial ownership regarding top 50 accounts in the name of trusts and societies opened during the previous financial year.
Mar 15, 2019
Allahabad Bank looking at raising capital next fiscal; weighs options to dilute stake in insurance JV, sell non-core assetsAllahabad Bank and others like Indian Overseas Bank, Karnataka Bank and Dabur which had formed the non-life insurance company Universal Sompo had already appointed a consultant for the valuation of the JV.
Mar 05, 2019
RBI slaps Rs 3 crore fine on Allahabad Bank, ICICI Bank for non-compliance of various normsThe Reserve Bank has imposed a fine of Rs 2 crore on Allahabad Bank for non-compliance of directions with regard to Nostro accounts, the state-owned lender said Tuesday
Feb 27, 2019
Corporation Bank, Allahabad Bank, Dhanlaxmi Bank shares jump up to 10% as RBI lifts lending curbsShares of Corporation Bank, Allahabad Bank and Dhanlaxmi Bank rose sharply by up to 10.10 percent Wednesday after the RBI lifted lending curbs on these lenders by removing them from its weak-bank watchlist
Feb 26, 2019
Allahabad, Corporation, Dhanlaxmi Bank out of RBI's prompt corrective action frameworkThe RBI on Tuesday lifted lending curbs on two more public sector banks (PSBs), Allahabad Bank and Corporation Bank, by removing them from its weak-bank watch list
Feb 25, 2019
Finance ministry expects three to four more lenders to come out of Reserve Bank's PCA framework this yearThe recent capital infusion of Rs 48,239 crore in 12 PSBs will help Corporation Bank and Allahabad Bank to come out of the PCA framework in the next few weeks
Feb 21, 2019
Shares of state-run banks jump after government announces fund infusion as part of recapitalisation programmeShares of India’s state-run banks jumped on Thursday, a day after the government said it will inject 482.39 billion rupees ($6.79 billion) into some lenders
Feb 20, 2019
Govt announces Rs 48,239 cr recapitalisation plan for 12 public sector banksThe finance ministry on Wednesday announced to pump in Rs 48,239 crore in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and finance growth plans
Feb 13, 2019
RBI slaps penalties on 7 banks for non-compliance of norms; Rs 1.5 cr imposed on Allahabad Bank, Bank of Maharashtra, IOBThe Reserve Bank further said Rs 20 lakh fine each on HDFC Bank, IDBI Bank and Kotak Mahindra Bank for non-compliance with various directions on KYC norms and anti-money laundering standards.