Edition:
India

Allahabad Bank (ALBK.NS)

ALBK.NS on National Stock Exchange of India

41.25INR
3:53pm IST
Change (% chg)

Rs-3.65 (-8.13%)
Prev Close
Rs44.90
Open
Rs44.70
Day's High
Rs44.70
Day's Low
Rs40.90
Volume
8,127,351
Avg. Vol
5,028,842
52-wk High
Rs89.00
52-wk Low
Rs37.30

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Fri, Jun 1 2018

BUZZ-India's Allahabad Ban, Dena Bank, UCO Bank slump on March-qtr losses; Canara Bank rises

** Shares of state-run lenders Allahabad Bank, Dena Bank and UCO Bank fall between 3.7 pct and 12.7 pct; Canara Bank rise as much as 4.8 pct

Bad loans push four Indian state banks to combined $1.74 billion fourth-quarter loss

BENGALURU/MUMBAI Four Indian state banks reported on Friday a combined net loss of 117.29 billion rupees ($1.74 billion) for the fiscal fourth quarter due to a jump in bad-loan provisions following a tightening of the Reserve Bank of India rules.

MEDIA-India's Allahabad Bank files insolvency against KSL & Industries - Economic Times

- Note: Reuters has not verified this story and does not vouch for its accuracy

BRIEF-Allahabad Bank Appoints Sanjay Aggarwal As CFO

* SAYS B.K. MITRA HAS CEASED TO BE CFO Source text - http://bit.ly/2qAeaLD Further company coverage:

BRIEF-Allahabad Bank Gets Shareholders' Nod To Issue Shares Worth Up To 15 Bln Rupees To India Govt

* GETS SHAREHOLDERS' NOD FOR ISSUE OF UP TO 210.7 MILLION SHARES WORTH UP TO 15 BILLION RUPEES TO GOVERNMENT OF INDIA Source text - http://bit.ly/2G3DNLv Further company coverage:

MEDIA-India's Allahabad Bank moves NCLT against 2 West Bengal transport department entities - Mint

- Note: Reuters has not verified this story and does not vouch for its accuracy

BRIEF-India's Allahabad Bank Says Has $366.87 Mln Exposure To Punjab National Bank Fraud

* SAYS HAS AN EXPOSURE OF $366.87 MILLION TO PUNJAB NATIONAL BANK FRAUD Source text for Eikon: Further company coverage: (Reporting by Nidhi Verma)

BRIEF-Allahabad Bank Seeks Shareholders' Nod For Issue Of New Shares To India Govt

* SEEKS SHAREHOLDERS' NOD FOR ISSUE OF NEW SHARES ON PREFERENTIAL BASIS TO INDIA GOVERNMENT Source text - http://bit.ly/2sNTcNv Further company coverage:

BRIEF-India's Allahabad Bank Has 5.17 Bln Rupees Exposure To Rotomac Group, Loans Provided For

* INDIA'S ALLAHABAD BANK SAYS HAS 5.17 BILLION RUPEES OF LOAN EXPOSURE TO ROTOMAC GROUP

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