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Home » List of Companies » Allahabad Bank

Allahabad Bank Home Page

Karnataka CET 2013 Result to be declared today May 28| UPSC Notified Final Marks for Central Armed Police Forces (ACs) Exam 2011| UPSC Declared CISF (AC) Examination 2012| PSCADB Recruitment 2013 Apply Online for 47 Asst Manager, IT Officer Posts | Meghalaya Cooperative Apex Bank Recruitment 2013 Probationary Officer Posts | Meghalaya Cooperative Apex Bank Recruitment 2013 70 Supervisor, Cashier & PO Posts | LIC Recruitment 2013 107 Financial Service Executive Posts | LIC Recruitment 2013 207 Financial Service Executive Posts | SIDBI Recruitment 2013 Engineering Consultant Posts | Chhittorgarh Central Co-Operative Bank Assistant Posts 2013 | Bundi Central Co-Operative Bank Assistant Posts 2013 | Nagaur Central Co-Operative Bank Assistant Posts 2013 | Udaipur Central Co-operative Bank Assistant Posts 2013

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Allahabad Bank Home Page

Allahabad Bank, which began operations in 1865, now has its head-quarters in Kolkata. Currently the bank has 2165 branches [1] across the country. The Chairman and Managing Director of the bank is K R Kamath. The bank's internet banking is maintained by EBankWorks Team of TCS. On April 24, 1865, a group of Europeans founded the bank at Allahabad, making it the oldest Joint Stock bank in India. In 1920, P&O Bank bought Allahabad Bank. In 1923 the bank moved its headquarters to Calcutta. In 1927, Chartered Bank of India, Australia and China acquired and amalgamated P&O Bank. However, Chartered Bank continued to operate Allahabad Bank as a separate entity. On July 19, 1969, the Government of India nationalized Allahabad Bank, together with 13 other banks. In October, 1989 Allahabad Bank acquired United Industrial Bank. In October, 2002, the bank came out with Initial Public Offer (IPO), which reduced the Government's shareholding to 71.16%. A second public offering in April, 2005, further reduced the Government shareholding to 55.23%. In June, 2006, the bank opened a representative office at Shenzen, China, its first office outside India. In February, 2007, Allahabad Bank opened its first overseas branch, in Hong Kong.

Head Office Address:

#1 : 2, Netaji Subhash Road,,
West Bengal,
, 700001

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