Allahabad Bank

NARCL offers Rs 360 crore to acquire Delhi-based Agson Global's bad debt

80 per cent haircut for lenders if offer accepted

Six years after demonetisation, deployment of ATMs set for biggest spike

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

CBI gets Allahabad HC's nod to prosecute retired judge in corruption case

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

Harvard Business Publishing features merger of Indian Bank, Allahabad Bank

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

Laid strong base for growth, aiming at 13.5% CAGR by 2025: Indian Bank MD

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

How the PSU bank merger that comes into force on April 1 will impact you

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

How Indian Bank-Allahabad Bank amalgamation proved an unlikely success

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

Indian-Allahabad Bank amalgamation: Changes & all the post-merger details

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

Allahabad Bank merger: Combined CBS platform a success, says Indian Bank

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 integrates core banking software of erstwhile Allahabad Bank

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

Indian Bank Q2 net at Rs 412 crore versus Rs 1,755 cr loss a year ago

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

Have a wider pan-India presence after merger, says Indian Bank MD & CEO

Loan restructuring requests coming in a trickle, says Padmaja Chunduru

RBI excludes six PSBs from Second Schedule of RBI Act; cites merger

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

Amitabha Ghosh, who served as RBI governor for 21 days, passes away at 90

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

Indian Bank to focus on consolidation and profitability, says MD & CEO

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

One month of bank merger: Coronavirus lockdown proves a dampener

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

No immediate plans to exit Universal Sompo: Padmaja Chunduru of Indian Bank

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

Indian Bank allots 520.5 mn shares to Allahabad Bank shareholders

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

Market Ahead, April 1: Top Factors That Could Guide Markets Today

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

Coronavirus outbreak: Consolidation in PSB space now a reality

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