Allahabad Bank has received an approval for the raising of Tier 2 capital of the Bank by floating Basel III compliant Tier 2 Bonds aggregating up to Rs 1500 crore in one or more tranches during FY 2019-20. The Board of Directors of the Bank at its meeting held on December 07, 2019, approved the same.
Allahabad Bank is a nationalised bank with its headquarters in Kolkata. It is the oldest joint stock bank in India.
| Company Name | CMP |
|---|---|
| SBI | 973.50 |
| PNB | 104.70 |
| Canara Bank | 129.35 |
| Bank Of Baroda | 266.00 |
| Union Bank Of India | 163.80 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: