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Company Overview and News

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Nirav Modi scam: PNB, Allahabad Bank boards may decide on further action against EDs, MD

13h moneycontrol
Punjab National Bank and Allahabad Bank may take a call on further action to be taken against two executive directors and the MD chargesheeted in the Rs 14,000 crore Nirav Modi fraud case, sources said.
PNJZY 532461 532480 ALBK PNB

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Allahabad Bank - Updates

2018-07-20 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.
532480 ALBK

0
Allahabad Bank gets Rs 1,790 crore as equity capital from government

2018-07-19 moneycontrol
Public sector Allahabad Bank on Thursday said the government has approved capital infusion of Rs 1,790 crore through preferential allotment of equity shares in 2018-19. "The bank has received a communication from the government regarding capital infusion of Rs 1,790 crore towards contribution of the central government in the preferential allotment of equity shares of the bank during the financial year 2018-19, as government's investment," the bank said in a regulatory filing.
PNJZY 532461 532480 ALBK PNB

0
5 state banks  to get Rs 11,336-cr capital infusion

2018-07-19 freepressjournal.in
New Delhi : The finance ministry on Tuesday approved infusion of Rs 11,336 crore in five state-owned lenders including PNB, Corporation Bank and Andhra Bank to help them meet regulatory capital requirement, sources said.
532179 532388 IOB PNJZY 532461 CRPKY 532480 532418 ALBK PNB CORPBANK ANDHRABANK

0
Finance Ministry approves Rs 11,336 crore capital infusion in 5 PSU Banks

2018-07-19 freepressjournal.in
New Delhi: The finance ministry today approved infusion of Rs 11,336 crore in five state-owned lenders including PNB, Corporation Bank and Andhra Bank to help them meet regulatory capital requirement, sources said. This is the first ever capital infusion in the current fiscal and the remaining amount of Rs 53,664 crore would be disbursed during the course of the year. As per the plan, the sources said, Punjab National Bank (PNB), hit by Nirav Modi scam, will get the highest amount of Rs 2,816 crore out, while Allahabad Bank to get Rs 1,790 crore.
532179 532388 IOB PNJZY 532461 CRPKY 532480 532418 ALBK PNB CORPBANK ANDHRABANK

0
Allahabad Bank - Updates

2018-07-19 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.
532480 ALBK

0
Finmin to provide capital to more banks by September

2018-07-18 moneycontrol
After approving capital support for five public sector banks (PSBs), the finance ministry is assessing the needs of 2-3 more banks and fund infusion in them would be done by the end of the second quarter of the current fiscal.
532179 532388 IOB PNJZY 532461 CRPKY 532480 532418 ALBK PNB CORPBANK ANDHRABANK

0
PSU banks jump as FinMin okays capital infusion of Rs 11,336 cr

2018-07-18 thehindubusinessline
Shares of state-run lenders jumped on reports of capital infusion infusion into 5 PSU banks. Nifty PSU bank index gained as much as 1.5 per cent.
532179 532388 IOB PNJZY 532461 CRPKY 532480 532418 ALBK PNB CORPBANK ANDHRABANK

0
5 state banks  to get Rs 11,336-cr capital infusion

2018-07-18 freepressjournal.in
New Delhi : The finance ministry on Tuesday approved infusion of Rs 11,336 crore in five state-owned lenders including PNB, Corporation Bank and Andhra Bank to help them meet regulatory capital requirement, sources said.
532179 532388 IOB PNJZY 532461 CRPKY 532480 532418 ALBK PNB CORPBANK ANDHRABANK

0
PNB, IOB, Andhra Bank, Corporation Bank, Allahabad Bank up 4-13% post capital infusion

2018-07-18 moneycontrol
Share price of PNB, IOB, Andhra Bank, Corporation Bank and Allahabad Bank reacted positively on the government capital infusion plan.
532179 532388 IOB PNJZY 532461 CRPKY 532480 532418 ALBK PNB CORPBANK ANDHRABANK

0
Finance Ministry approves Rs 11,336 crore capital infusion in 5 PSU Banks

2018-07-18 freepressjournal.in
New Delhi: The finance ministry today approved infusion of Rs 11,336 crore in five state-owned lenders including PNB, Corporation Bank and Andhra Bank to help them meet regulatory capital requirement, sources said. This is the first ever capital infusion in the current fiscal and the remaining amount of Rs 53,664 crore would be disbursed during the course of the year. As per the plan, the sources said, Punjab National Bank (PNB), hit by Nirav Modi scam, will get the highest amount of Rs 2,816 crore out, while Allahabad Bank to get Rs 1,790 crore.
532179 532388 IOB PNJZY 532461 CRPKY 532480 532418 ALBK PNB CORPBANK ANDHRABANK

0
Allahabad Bank plans Rs 1,900 cr equity capital mop-up

2018-07-17 moneycontrol
Public sector Allahabad Bank plans to raise up to Rs 1,900 crore through various means, including the rights issue, public issue or a QIP. The decision was taken at the bank's annual general meeting held today.
532480 ALBK

0
Govt announces Rs 11,336 crore capital infusion in 5 banks

2018-07-17 moneycontrol
The government has announced an infusion of Rs 11,336 crore in five public sector banks as part of its Indradhanush scheme, which was unveiled in 2015. This is the last tranche of infusion under the scheme.
532179 532388 IOB PNJZY 532461 CRPKY 532480 532418 ALBK PNB CORPBANK ANDHRABANK

0
PSU bank stocks surge up to 11% on capital infusion reports

2018-07-17 thehindubusinessline
PSU bank stocks today surged up to 11 per cent amid reports that the finance ministry is likely to infuse about Rs 10,000 crore within a few days in some state-owned lenders to help them meet regulatory capital requirement.
INDIANB IOB ALBK 532418 532814 CNRYY 532179 532388 PNJZY 532121 532483 532461 CRPKY 532480 PNB CORPBANK CANBK DENABANK ANDHRABANK

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2018-07-17 - Asif

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2018-07-17 - Asif

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