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Allahabad Bank gets capital infusion of Rs 2,153 crore form GoI

04 Jan 2020 Evaluate

Allahabad Bank has received the capital infusion fund amounting to Rs 2153 crore from the Government of India (GoI). The said amount of capital infusion fund is being maintained by the Bank as ‘Share Application Money’ pending allotment.

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

Peers
Company Name CMP
State Bank Of India 985.20
PNB 117.60
Bank Of Baroda 234.80
Canara Bank 124.85
Union Bank Of India 177.65
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