Inactive Instrument

Allahabad Bank

532480

INE428A01015

Allahabad Bank Raises INR 10,000 million through Private Placement

January 27, 2017 at 05:00 pm IST

Allahabad Bank raised Basel III compliant Tier 2 Bonds aggregating to INR 10,000 million through private placement at an annual coupon of 8.15% per annum. The said Tier 2 Bonds are eligible for inclusion in Tier 2 Capital of Bank.

Latest news about Allahabad Bank

Indian Bank completed the acquisition of 7.99% in Allahabad Bank.	01/20/01	CI
No Change in Mega Bank Merger Plans Despite National Lockdown	26/20/26	CI
Allahabad Bank(BSE:532480) dropped from S&P Global BMI Index	20/20/20	CI
Allahabad Bank Announces the Cessation of P.R. Rajagopal as Executive Director	19/20/19	CI
Allahabad Bank announced that it has received INR 21.529999999 billion in funding from India	05/20/05	CI
Allahabad Bank Announces Cessation of Radha R. Sharma as Part-Time Non-Official Director	02/20/02	CI
Allahabad Bank Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2019	11/20/11	CI
Allahabad Reportedly in Talks with Sompo to Sell Its Stake in Universal Sompo	11/20/11	CI
Allahabad Bank Announces Raising of Funds Through Private Placement of Basel Iii Compliant Tier 2 Bonds	27/19/27	CI
Allahabad Bank announced that it expects to receive INR 21.529999999 billion in funding from India	26/19/26	CI
Allahabad Bank Reports Unaudited Standalone and Consolidated Earnings Results for Second Quarter and Six Months Ended September 30, 2019	08/19/08	CI
MSTC Ltd Signs Agreement with Allahabad Bank for Sale of NPAs	05/19/05	CI
Allahabad Bank Appoints Gautam Guha as Part-Time Non-Official Director on the Board of the Bank	23/19/23	CI
Allahabad Bank Announces Cessation of Ch. S.S. Mallikarjuna Rao as Managing Director & Chief Executive Officer	03/19/03	CI
Indian Bank agreed to acquire 7.99% in Allahabad Bank for INR 5.7 billion.	16/19/16	CI
Allahabad Bank Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2019	31/19/31	CI
Allahabad Bank Reportedly Might Partially Exit Insurance Venture Universal Sompo	02/19/02	CI
PNB Reportedly Seeks To Take Control Of 2-3 Small State-Run Banks	21/19/21	CI
Allahabad Bank Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Year Ended March 31, 2019	10/19/10	CI
Allahabad Bank To Raise Funds Via QIP	10/19/10	CI
Allahabad Bank Announces Cessation Gautam Guha, Part-Time Non-Official Director	25/19/25	CI
Allahabad Bank, Andhra Bank In Talks To Sell Stakes In ASREC India	18/19/18	CI
Allahabad Bank Plans To Divest Stake In Universal Sompo And Sell Non-Core Assets	15/19/15	CI
Allahabad Bank Appoints P. R. Rajagopal as Executive Director	01/19/01	CI
Allahabad Bank Announces Cessation of N.K. Sahoo as Executive Director	01/19/01	CI

Chart Allahabad Bank

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Company Profile

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.

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