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Allahabad Bank (ALBK.NS)

ALBK.NS on National Stock Exchange of India

72.40INR
3:52am EDT
Change (% chg)

Rs0.20 (+0.28%)
Prev Close
Rs72.20
Open
Rs72.25
Day's High
Rs72.85
Day's Low
Rs72.10
Volume
1,173,646
Avg. Vol
3,182,770
52-wk High
Rs88.40
52-wk Low
Rs49.10

Latest Key Developments (Source: Significant Developments)

Allahabad Bank gets in-principle approval of board for merger of unit with co
Friday, 23 Dec 2016 08:22am EST 

Allahabad Bank :Says board accorded in-principle approval for merger of unit Allbank Finance Ltd with bank.  Full Article

Allahabad Bank posts June-qtr loss
Friday, 12 Aug 2016 06:42am EDT 

Allahabad Bank : June-quarter net loss 5.65 billion rupees versus net profit of 1.47 billion rupees year ago . June-quarter interest earned 45.70 billion rupees versus 49.18 billion rupees year ago . June-quarter gross NPA 12.33 percent versus 9.76 percent previous quarter . June-quarter net NPA 8.69 percent versus 6.76 percent previous quarter . June-quarter provisions 13.31 billion rupees versus 8.55 billion rupees year ago .  Full Article

Allahabad Bank approves raising capital of up to 5 bln rupees via preferential issue
Friday, 12 Aug 2016 06:33am EDT 

Allahabad Bank : Board approves raising of capital of upto 5 billion rupees by preferential issue . Approved raising capital via preferential issue of up to 440 million rupees to India government . Approved raising additional tier 1 and tier 2 capital up to 10 billion rupees each . Approved raising capital via QIP worth up to 5 billion rupees .  Full Article

Allahabad Bank says RBI imposed penalty of 20 mln rupees
Tuesday, 26 Jul 2016 03:19am EDT 

Allahabad Bank : RBI has imposed penalty of INR 20 million .  Full Article

Allahabad Bank says India govt raises stake in co by 5.83 pct
Tuesday, 17 May 2016 01:09am EDT 

Allahabad Bank : India government raises stake in co by 5.83 percent to 67.21 percent .  Full Article

Allahabad Bank posts March-qtr loss
Friday, 13 May 2016 06:53am EDT 

Allahabad Bank : Says March-quarter net loss 5.81 billion rupees; March-quarter interest earned 44.97 billion rupees . Says March-quarter provisions 24.87 billion rupees; gross npa 9.76 percent .  Full Article

Allahabad Bank says Notice of one day All India Strike on February 29, 2016 called by All India Bank Officers’ Confederation (AIBOC)
Friday, 26 Feb 2016 05:23am EST 

Allahabad Bank:Allahabad Bank has informed BSE that All India Bank Officers’ Confederation (AIBOC) has served a notice informing their decision to go on one day’s strike on February 29, 2016 in support of their certain demands.The issues and demands are of industry level and strike call is also given at industry level. Therefore, if the strike takes place, it would affect working of all Public Sector Banks.  Full Article

Allahabad Bank announces Allotment of Equity Shares on Preferential basis to Government of India
Wednesday, 30 Sep 2015 10:34pm EDT 

Allahabad Bank:Has issued and allotted 2,91,81,274 equity shares of face value of 10 Indian Rupees each for cash at an Issue Price of 96.98 Indian Rupees per equity share including a premium of 86.98 Indian Rupees per equity share on preferential basis to Government of India.  Full Article

Allahabad Bank announces Notice of one day All India Strike
Tuesday, 1 Sep 2015 10:48pm EDT 

Allahabad Bank:Announces Notice of one day All India Strike.  Full Article

Allahabad Bank declares dividend payment date
Friday, 8 May 2015 03:54am EDT 

Allahabad Bank:Says dividend payment date will be July 10.  Full Article

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BRIEF-Allahabad Bank posts Dec-qtr profit

** Dec-qtr net profit 752.6 mln rupees vs net loss of 4.86 bln rupees yr ago