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Allahabad Bank to sell non-core assets

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Capital Market
Last Updated : Jul 12 2018 | 9:16 PM IST

Under PSBs Reform Agenda

Allahabad Bank announced that in compliance with the Govt. of India directives under PSBs Reform Agenda, the Bank has initiated various steps to leverage its strengths for focusing on its core business and as a part of its said initiatives, the Bank proposes to sell its non-core assets including divestments of its stake in Joint ventures, associates, selling some of the immovable properties owned by the Bank.

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First Published: Jul 12 2018 | 8:16 PM IST

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