Allahabad Bank

01 Nov 2019
Fisdom, a Bengaluru-based wealth management start-up that offers investment advisory services through its mobile application, has raised $11 million in a fresh round of funding.

08 Jan 2019
With the two-day nationwide general strike having commenced, banking services across India could be affected as a significant chunk of government bank employees have joined in on the strike.

24 Oct 2018
Indian Railways Catering and Tourism and Corporation (IRCTC) offers the facility of booking train tickets online, via its website and mobile app.

08 Jun 2018
If you have not yet paid the first instalment of your advance tax, then you should file it no later than June 15 to avoid a penalty.

01 Jun 2018
The Enforcement Directorate has attached Rs. 4,701cr worth of assets of Gujarat-based pharmaceutical company Sterling Biotech Group in connection with a Rs. 5,000cr bank fraud money laundering case, the ED said today.

14 May 2018
Following the filing of the CBI chargesheet today in the PNB scam, the board of the Allahabad Bank was asked to remove Usha Ananthasubramanian as its CEO and MD by Financial Services Secretary, Rajiv Kumar.

14 May 2018
After three FIRs and 19 arrests, the CBI is all set to file its first chargesheet in the Rs. 12,600cr Punjab National Bank (PNB) loan fraud case involving jewellers Nirav Modi and Mehul Choksi.

08 Apr 2018
A special CBI court has issued non-bailable warrants against Nirav Modi and Mehul Choksi, both of whom left the country in January.

05 Mar 2018
The Rs. 12,650cr scam by Nirav Modi and his uncle Mehul Choksi in connivance with PNB employees might be the undoing of many other banks too.

25 Feb 2018
The Reserve Bank of India (RBI) has set April 30 as the deadline for banks to integrate SWIFT (Society for Worldwide Interbank Financial Telecommunication) with Core Banking Solutions (CBS), as it looks to strengthen internal controls after the PNB fraud case.

23 Feb 2018
Investigating agencies are keeping up the pressure on Nirav Modi in the PNB scam, with ED continuing to seize assets and freeze shares.

23 Feb 2018
The CBI has arrested Rotomac Chairman Vikram Kothari and his son Rahul for siphoning off bank loans worth Rs. 3,695 cr.

19 Feb 2018
Amid rumors that Vikram Kothari had fled the country after defaulting on loans worth Rs. 800cr, the Rotomac chairman has been arrested, reports say.

18 Feb 2018
The Income Tax Department stated Indian banks could lose Rs. 17,632cr from loans and corporate guarantees provided to Punjab National Bank in the Rs. 11,400cr fraud.

17 Feb 2018
The CBI has arrested Punjab National Bank's former Deputy Manager Gokulnath Shetty, Single Window Operator Manoj Kharat, and the authorized signatory of Nirav Modi Group of Firms Hemant Bhat in connection to the alleged Rs. 11,400cr banking fraud by Nirav Modi and Mehul Choksi.

16 Feb 2018
For seven years, billionaire Nirav Modi and his associates managed to dupe one single bank of a whopping Rs. 11,400cr, and it apparently never found out till now.

05 Feb 2018
Billionaire diamond merchant Nirav Modi, his brother and wife have been booked by the CBI for allegedly cheating Punjab National Bank (PNB) of Rs. 280.7cr in 2017.

11 Jan 2018
Reports about the lack of privacy and safety in Aadhaar only keep getting worse.

26 Dec 2017
In a bid to maintain transparency, the Ministry of Home Affairs has directed NGOs, businesses etc that receive foreign funding to open bank accounts within a month.

23 Sep 2016
Moody's, one of the top ratings agencies, said that the outlook for Indian banks project that it is set to improve and stabilize over the coming years.