Tags Posts tagged with "Allahabad Bank"

Tag: Allahabad Bank

Allahabad Bank likely to shut Hong Kong branch

For rationalisation of its overseas operations, public lender Allahabad Bank is proposing to shut its Hong Kong branch. This move is a part of the measures...

Finance Ministry grants Rs 11,336 cr capital infusion in PSBs

The centre has given the final nod to the capital infusion of Rs 11,336 crore in five Public Sector lenders, to help them meet...

Top SBI executives may replace PSU Banks chiefs: Official Sources

Aimed at sending a strong message to banks found involved in thousands of crores of fraud, the Finance Ministry is mulling over a proposal...

Banks Board Bureau to shortlist Allahabad Bank CEO, MD

Union Ministry of Finance has directed Banks Board Bureau (BBB) to shortlist candidates for the post of Chief Executive Officer and Managing Director for...

Allahabad Bank seizes CEO Usha Ananthasubramanian’s executive powers 

Public lender Allahabad Bank has seized the executive powers of its Chief Executive Officer Usha Ananthasubramanian. The Centre has directed the bank to take this...

Centre to axe Allahabad Bank CEO for involvement in PNB fraud...

The Centre has started the process of removing top bankers for their involvement in Punjab National Bank (PNB) fraud case. Several bankers including Usha Ananthasubramanian,...

Allahabad Bank soon to merge subsidiary with itself 

Ministry of Corporate Affairs has granted permission to Allahabad Bank for the lender’s merger with its fully-owned subsidiary AllBank Finance. "The Scheme of Amalgamation for...

EPFO partners with 5 banks for PF dues collection

To ensure a better mechanism for dues collection, Employees Provident Fund Office (EPFO) has partnered with five banks. The venture with Bank of Baroda, ICICI...

Banks Board Bureau gets two more members

The central government has expanded the Banks Board Bureau (BBB), headed by former comptroller and auditor general Vinod Rai by adding two more members...

‘Making Digital India Become A Reality’

Digital India is centered on three vision areas, first, is access to digital infrastructure to every citizen, second, is providing services on demand and...

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