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Allahabad Bank planning to raise additional Rs 1,800-1,900 crore

14 Nov 2018 Evaluate

Allahabad Bank is planning to raise additional Rs 1,800-1,900 crore to shore up capital adequacy. The Bank is exploring all options - government help, QIP, and hiving off non-core assets and stake in JVs.

Allahabad Bank is a nationalised bank with its headquarters in Kolkata. It is the oldest joint stock bank in India.

Allaha.Bank-Amalgama Share Price

15.15 0.00 (0.00%)
19-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
State Bank Of India 1031.35
PNB 105.20
Bank Of Baroda 248.15
Canara Bank 125.85
Union Bank Of India 168.80
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