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Allahabad Bank informs about Board Meeting

24 Aug 2015 Evaluate

Allahabad Bank has informed that a meeting on the Board of Directors of the Bank will be held on August 28, 2015, to consider raising of equity capital of Bank through issue of equity shares on preferential basis to Government of India (President of India) against the proposed capital infusion plans of Government of subject to necessary permission / approval from Government of India/Reserve Bank of India.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 978.50
PNB 117.05
Bank Of Baroda 234.55
Canara Bank 125.90
Union Bank Of India 179.25
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