Allahabad Bank

80 per cent haircut for lenders if offer accepted

ATM deployments had hovered between 225,000 and 235,500 units, before sniffing the 260,000-mark recently

The CBI has received sanction to prosecute retired Allahabad High Court Judge Justice S N Shukla in a corruption case

State-owned Indian Bank has been featured in the Harvard Business Publishing for its successful merger of Allahabad Bank.

Bank announces new vision and mission on first anniversary of Allahabad Bank amalgamation, launches Chatbot and IB Smart Office as well

PSU Bank merger: You'll have to take stock of your cheque books, passbooks, IFCS, ECS mandates and other things once you start dealing with the new entity

The merger was complicated by the fact that the government had not allowed post-merger lay-offs for any of the banks under this process

Despite the pandemic, the Allahabad Bank merger with Indian Bank concluded the final technical amalgamation (software integration) last month

This is the final step in the amalgamation, with data of 3,000-plus branches and all channels of erstwhile Allahabad Bank migrating seamlessly to Indian Bank database

Indian Bank on Monday said it has successfully integrated the software system with the erstwhile Allahabad Bank post the amalgamation

Lender expect credit growth to be 8-10 % this fiscal

Loan restructuring requests coming in a trickle, says Padmaja Chunduru

The six banks are Syndicate Bank, Oriental Bank of Commerce (OBC), United Bank of India, Andhra Bank, Corporation Bank, and Allahabad Bank

Had the shortest stint as a RBI governor, all of 21 days, as he waited to hand over the office to R N Malhotra

The amalgamation of Allahabad Bank into Indian Bank has placed Indian Bank as the seventh-largest bank in India

On April 1, Punjab National Bank (PNB) took over Oriental Bank of Commerce (OBC) and United Bank of India (UBI) to become the country's second-largest lender after SBI in terms of business

In a March 31 Q&A, the lender's MD & CEO dwells on its strengths following the amalgamation with Allahabad Bank

The bank is in the process of filing listing applications with the stock exchanges

Starting today, automobile companies will starting releasing sales numbers for March. According to a Business Standard report, these auto sales for the month could see a 50 per cent YoY

Each of the amalgamated entities with scale and national reach would have a business of over Rs 8 trillion.