Board of Allahabad Bank approves preferential issue of share to GoI

At meeting held on 13 April 2017

Allahabad Bank announced that the Board of Directors of the Bank on 13 April 2017 have approved by circulation for raising of equity capital aggregating upto Rs.418.00 crore including premium by way of preferential allotment of equity shares to Government of India (President of India) against their capital contribution in the Bank.

Powered by Capital Market - Live News