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Allahabad Bank

ALBK.NS

Latest Trade

22.85INR

Change

-0.20(-0.87%)

Volume

1,421,959

Today's Range

22.60

 - 

23.30

52 Week Range

22.30

 - 

59.00

As of on the National Stock Exchange of India ∙ Minimum 15 minute delay

Pricing

Previous Close
23.05
Open
23.05
Volume
1,421,959
3M AVG Volume
29.62
Today's High
23.30
Today's Low
22.60
52 Week High
59.00
52 Week Low
22.30
Shares Out (MIL)
2,096.84
Market Cap (MIL)
85,785.60
Forward P/E
-5.01
Dividend (Yield %)
--

Next Event

Q3 2020 Allahabad Bank Earnings Release

Latest Developments

More

Allahabad Bank Says Net Interest Margin Stood At 2.61% As On Sept 2019

India's Allahabad Bank Sept-Qtr Net Loss Widens

Allahabad Bank Says Mallikarjuna Rao Has Ceased To Be MD, CEO

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About Allahabad Bank

Allahabad Bank is a banking company. The Company's principal products/services are debenture/ security trusteeship fees and custodian fees. It operates through four business segments: Treasury Operations, Corporate/ wholesale Banking, Retail Banking and Other Banking business. It offers personal banking; social banking; micro, small and medium enterprises banking; retail credit products; corporate banking, and international banking. It has over 3,209 domestic branches and an overseas branch at Hong Kong. Out of 3,209 domestic branches, over 1,307 are at rural, 720 are at semi-urban, 656 are at urban and 526 are at metropolitan centers. It has over 185 onsite and two offsite e-lobbies, over 100 mini e-lobbies, 50 cash deposit kiosks and 40 passbook printing kiosks covering over 380 branches. It operates over 1,210 automatic teller machines. Its Internet Banking application features facilities, such as card hot listing, e-filing of income tax returns and mobile banking registration.

Industry

Regional Banks

Contact Info

#2 Netaji Subhash Road

+91.33.22420863

https://www.allahabadbank.in/

Executive Leadership

Ch. S. S. Mallikarjuna Rao

Chief Executive Officer, Managing Director

Sanjay Aggarwal

Chief Financial Officer, General Manager(F&A)

Dina Nath Kumar

Compliance Officer, Company Secretary

N. N. Saha

Chief Risk Officer, General Manager

Vipul Singla

General Manager

Key Stats

Price To Earnings (TTM)
--
Price To Sales (TTM)
1.11
Price To Book (MRQ)
0.60
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
64.18
LT Debt To Equity (MRQ)
64.18
Return on Investment (TTM)
--
Return on Equity (TTM)
-2.74

Latest News

Latest News

India's Allahabad Bank reports SEL Manufacturing's $100 mln fraud

India's Allahabad Bank Ltd on Wednesday reported a 6.89 billion rupees ($100.1 million) fraud related to textile company SEL Manufacturing Ltd to the Reserve Bank of India.

India's Allahabad Bank reports $259 mln alleged fraud by bankrupt steelmaker

India's Allahabad Bank <ALBK.NS> on Saturday became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to concerns about a banking industry burdened with bad debts.

BRIEF-Allahabad Bank Appoints Sanjay Aggarwal As CFO

* SAYS B.K. MITRA HAS CEASED TO BE CFO Source text - http://bit.ly/2qAeaLD Further company coverage:

BRIEF-India's Allahabad Bank Says Has $366.87 Mln Exposure To Punjab National Bank Fraud

* SAYS HAS AN EXPOSURE OF $366.87 MILLION TO PUNJAB NATIONAL BANK FRAUD Source text for Eikon: Further company coverage: (Reporting by Nidhi Verma)

BRIEF-Allahabad Bank Seeks Shareholders' Nod For Issue Of New Shares To India Govt

* SEEKS SHAREHOLDERS' NOD FOR ISSUE OF NEW SHARES ON PREFERENTIAL BASIS TO INDIA GOVERNMENT Source text - http://bit.ly/2sNTcNv Further company coverage:

BRIEF-India's Allahabad Bank Has 5.17 Bln Rupees Exposure To Rotomac Group, Loans Provided For

* INDIA'S ALLAHABAD BANK SAYS HAS 5.17 BILLION RUPEES OF LOAN EXPOSURE TO ROTOMAC GROUP

BRIEF-India's Allahabad Bank Posts Dec Qtr Loss

* DEC QUARTER NET LOSS 12.64 BILLION RUPEES VERSUS PROFIT OF 752.6 MILLION RUPEES LAST YEAR

India cenbank puts Allahabad Bank under prompt corrective action

India's Allahabad Bank said the central bank has initiated 'prompt corrective action' (PCA) against the state-run lender over its high bad loans.

BRIEF-India's Allahabad Bank Cuts 1 Year MCLR To 8.25 Pct P.A

* CUTS 1 YEAR MCLR FROM 8.30 PERCENT TO 8.25 PERCENT P.A Source text - http://bit.ly/2AinqLb Further company coverage:

BRIEF-India's Allahabad Bank Sept-qtr profit up 8 pct

* Sept quarter net profit 702 million rupees versus 650.3 million rupees last year

BRIEF-Sea TV Network says Allahabad Bank has done symbolic possession of properties mortgaged against loan

* Says on Oct 26, Allahabad Bank has done symbolic possession of properties mortgaged against term loan taken by co Source text - http://bit.ly/2zT1ZNR Further company coverage:

BRIEF-Allahabad Bank approves raising equity capital worth up to 10 bln rupees via QIP

* Says approves raising equity capital worth up to 10 billion rupees via QIP Source text: http://bit.ly/2ykrmtE Further company coverage:

BRIEF-Allahabad Bank introduces two-tier saving bank interest rate from Oct 1

* Says to introduce 2 tier saving bank interest rate w.e.f 01 Oct

BRIEF-Allahabad Bank cuts 1-year MCLR to 8.45 pct

* Says reduction in marginal cost of funds based lending rate (MCLR) of bank with effect from 01.09.2017

BRIEF-Allahabad Bank appoints B K Mitra as CFO

* Says S L Jain ceases to be CFO of bank Source text: (http://bit.ly/2w1kLnf) Further company coverage:

BRIEF-India's Allahabad Bank posts June-qtr profit

* June quarter net profit 288.4 million rupees versus net loss of 5.65 billion rupees year ago

BRIEF-Allahabad Bank to keep MCLRs upto 1 yr unchanged

* Says to keep MCLRs upto 1 year unchanged Source text - (http://bit.ly/2sWaqZ2) Further company coverage:

BRIEF-Allahabad Bank cuts overnight MCLR by 15 BPS from June 12

* Says cuts overnight MCLR by 15 bps to 8 percent from June 12 Source text: (http://bit.ly/2rlF0pd) Further company coverage:

BRIEF-Allahabad Bank gets members' nod for allotting shares to India govt

* Gets members' nod for alloting shares worth upto INR 4.18 billion to India government Source text for Eikon: Further company coverage:

BRIEF-Allahabad Bank approves raising of equity capital worth up to INR 20 bln

* Says approved raising of equity capital worth up to INR 20 billion

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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