Home Tags Allahabad Bank

Tag: Allahabad Bank

allahabad bank

Allahabad Bank Q4 Data : Net loss widens to Rs 3,834.07...

Kolkata, May 10 State-run Allahabad Bank on Friday said it has posted a net loss of Rs 3,834.07 crore in the fourth quarter of the...
RBI

RBI takes out Allahabad Bank, Corporation bank and Dhanlaxmi bank out...

The Reserve Bank of India (RBI) on Friday removed three banks from its Prompt Corrective Action(PCA) framework subject to certain condition and constraints. The...
money

Public Sector Banks surge on stock market as government approved recapitalization...

After the announcement by the government for the recapitalization of 12 Public Sector banks(PSB), the shares of the Public lenders surged in the share...

Government gives approval to a planned recapitalization of ₹48,000 for 12...

The Narendra Modi government gave approval to a planned recapitalization of 12 public sector Banks(PSB). This will also include fraud hit Punjab National Bank(PNB). The...

SBI along with three other PSB fined By RBI for Breaking...

The central Bank on Wednesday slapped 4 major Public Sector Banks (PSB), including SBI and Corporation bank with a fine of ₹5 Crore. The...

RBI imposes fine on Allahabad Bank for violating banking norms

The state owned corporation bank- Allahabad Bank was slapped with an aggregate penalty of Rs 3.5 Crore by the central bank of India. The...

Centre requests Top Court to release excess vacant Ayodhya land to...

The Centre Government on Tuesday moved to Supreme Court seeking permission for release of excess vacant land acquired around Ayodhya disputed site and be handed...
RBI

RBI’s new moves may force mergers or shut down of banks

Reserve Bank of India is keeping a close watch over the banks with more than 6% of assets in bad loans. An action against these banks might be taken soon.