Company Profile For Allahabad Bank

Allahabad Bank is a public sector bank in India. The Company’s products include deposit products, which include flexi-fix deposit, Rs. 5 Banking and Diamond Jubilee Deposit Scheme; retail credit products, which include Housing Loan, Education Loan, Saral Loan, Personal Loan for Pensioners, Personal Loan for Doctors, Allbank Rent Loan, Allbank Property Scheme, Allbank Furnishing Loan, Gold Loan Scheme, AllBank Mobike Scheme, AllBank Abhushan Scheme and AllBank Trade Scheme, and other credit products, including Kisan Credit Card, Kisan Shakti Yojana and AllBank-Expo. The Company’s other services include All Ayushman Bima Yojana, Cash Management Services, Depository Services, real time gross settlement (RTGS), Charter for micro, small and medium enterprises (MSMEs), Government Business and Regional MSME Care Centres. As of March 31, 2009, Allahabad Bank had a total of 2,260 branches with 968 rural, 406 semi-urban, 464 urban, 421 metropolitan branches and one foreign branch.

BRIEF: For the fiscal year ended 31 March 2009, Allahabad Bank's interest income increased 19% to RS73.65B. Total interest income after LLP decreased 2% to RS21.78B. Net income decreased 20% to RS7.9B. Net interest income reflects higher interest on advances, increased income on investments and higher other income. Net income was offset by an increase in payment & provision for employees and higher other expenses.

Allahabad Bank
2, Netaji Subhas Road
Kolkata     700 001
P: +9133.22420899
F: +9133.22107424

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