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EC letter to RBI, TMC for drafts of Rs 1.33 cr

The Election Commission has asked the Reserve Bank of India to inquire into the conduct of Allahabad Bank and United Bank of India which made drafts of Rs 1.33 crore for Trinamool Congress in......

UP Medical entrance exam cancelled after paper leak

The entrance examination to the MBBS course in medical colleges of Uttar Pradesh was cancelled on Sunday following leakage of the papers in Ghaziabad. The papers were allegedly leaked out......

Banking crisis

Gross NPA by bank (% of outstanding loans)   Mar-13 Dec-13 Mar-14 Sep-14 Dec-14 Mar-15 Dec-15 Allahabad Bank 3.92 5.47 5.73 5.36 5.46 5.46 6.4 Andhra Bank 3.71 5.55 5.29 5.99 5.99......

SBI, Allahabad Bank to offer home loans cheaper after RBI rate cut

State Bank of India, the nation's top lender by assets, said on Tuesday it will cut its base lending rate by 15 basis points to 9.7 per cent, effective June 8. The reduction follows a 25 basis......

Allahabad Bank to launch mobile banking

Public sector Allahabad Bank will launch mobile banking in April 2011, enabling its customers to avail banking services on their cellphones.Currently, the bank is collecting the mobile phone......

PSU banks cut home loan rates

Public sector lenders Canara Bank, Corporation Bank and Allahabad Bank have decided to lower interest rates on housing loans, preferring to keep their prime lending rates (PLRs) unchanged. ICICI......

Allahabad Bank plans operations in NZ, Australia

Allahabad Banksaid on Monday itplans to open branches in New Zealand and Australia in order to cater to the NRI population in these countries. "We have plans to have presence in Australia and New......
  Web results for Allahabad Bank
Not so well placed in falling markets

One of the earliest launches from the HDFC fund house on a multi-cap theme, HDFC Core and Satellite fund has had a chequered past. Launched in... ...

http://www.thehindubusinessline.com/portfolio/mutual-funds/hdfc-core-and-satellite-fund-not-so-well-placed-in-falling-markets/article8544234.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Top 5 stocks

Public and private sector banks, reeling under huge non-performing assets (NPAs), may soon heave a sigh of relief as Insolvency and Bankruptcy... ...

http://www.businesstoday.in/markets/stocks/bankruptcy-law-a-step-closer-to-being-reality-5-banking-stocks-to-bank-upon/story/231987.html
RBI ASKS BANKS NOT TO LEVY FINE ON FLOATING LOAN PREPAYMENT

Mumbai: The Reserve Bank of India (RBI) on Wednesday directed banks not to levy any penalty on prepayment of floating rate loans such as auto and... ...

http://ipanewspack.com/rbi-asks-banks-not-to-levy-fine-on-floating-loan-prepayment/
Mutual funds cut stake in auto, tyre stocks in March quarter

Domestic mutual funds have reduced their stake in tyre, auto ancillaries, textiles, select banks, cement, auto and pharmaceutical shares during... ...

http://smartinvestor.business-standard.com/market/Marketnews-381075-Marketnewsdet-Mutual_funds_cut_stake_in_auto_tyre_stocks_in_March_quarter.htm
Recover NPAs if you want capital, government tells state-run banks

The Indian government will infuse capital in state-run banks but on one condition-recover NPAs. The state-run banks are looking Rs 25,000 crore... ...

http://www.businessinsider.in/Recover-NPAs-if-you-want-capital-government-tells-state-run-banks/articleshow/52022588.cms

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