Tag: Allahabad Bank

Allahabad Bank Launched MSME Loans Offering with External Benchmark Rates
Finance, Banking & Finance

Allahabad Bank Launched MSME Loans Offering with External Benchmark Rates

SMEStreet Desk- September 21, 2019

India's flagship public sector bank, Allahabad Bank launched Retail loans and loans to Micro & Small Enterprise linked with External Benchmark Rates published by FBIL. ... Read More

Allahabad Bank Notified RBI fresh Fraud of by Bhushan Steel
InFocus, Analysis

Allahabad Bank Notified RBI fresh Fraud of by Bhushan Steel

SME STREET- July 14, 2019

After Punjab National Bank (PNB), another state-owned lender Allahabad Bank reported fraud of over Rs 1,774 crore by Bhushan Power and Steel to the Reserve ... Read More

Allahabad Bank Launched 53 MSME Processing Centers Across India
LimeLight, Clusters

Allahabad Bank Launched 53 MSME Processing Centers Across India

SMEStreet Desk- April 11, 2019

Eyeing to make the loan processing easy for Micro Small and Medium Enterprises (MSMEs), Allahabad Bank launched 53 Retail and MSME Processing Centers (RMPC) pan ... Read More

Allahabad Bank’s NPA Saga Makes Haunting Stories of Worth Rs 12,566 Crore
InFocus, Clusters

Allahabad Bank’s NPA Saga Makes Haunting Stories of Worth Rs 12,566 Crore

SMEStreet Desk- June 12, 2018

"The bank shall primarily focus on aggressive recovery drive, further build-up in CASA (current account and savings account), rebalancing of loan book with focus on ... Read More

Allahabad Bank MD & CEO Usha Ananthasubramanian Elected Chairman of IBA
Clusters, Finance

Allahabad Bank MD & CEO Usha Ananthasubramanian Elected Chairman of IBA

SME STREET- January 31, 2018

IBA Managing Committee of at its meeting held on January 25 elected Allahabad Bank MD & CEO Usha Ananthasubramanian, as the Chairman of Indian Bank's ... Read More

Allahabad Bank to Raise Rs 2000 Crore Capital for MSMEs in Agriculture
Digital India, Agriculture

Allahabad Bank to Raise Rs 2000 Crore Capital for MSMEs in Agriculture

SMEStreet Desk- August 14, 2017

In a bid to extend credit to the Micro, Small and Medium Enterprises (MSMEs), Allahabad Bank announced its target of raising over Rs 2000 crores ... Read More