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China Banking Corporation [CHIB 40.30 ?0.1%; 41% avgVol] [link] disclosed that its board approved a measure to change its ticker symbol from CHIB to “CBC”, which the company said was “part ...

During FY19, Indian Bank reported a net profit of ₹322 crore while Allahabad Bank incurred a loss of ₹8,334 crore. ‘Too early to mark date ...

Deepak Sarda, CTO, Indian Bank talks about how the bank is adapting to the latest industry trends by leveraging tech and the IT challenges faced during the merger with Allahabad Bank.

The Indian Bank, however, ahead of the merger announced a share swap ratio of 115 equity shares of Rs 10 each for every 1,000 shares of Rs 10 each of Allahabad Bank.

The Indian Bank, which has merged with the Allahabad Bank, carried out a software migration over the weekend. The merger process took place between 9pm on February 12 to 9am on February 15 with ...

State-owned Indian Bank on February 15 said it has successfully integrated the software system with the erstwhile Allahabad Bank post the amalgamation. The bank has successfully completed the ...

New Delhi, Mar 17 Indian Bank will issue 115 shares for every 1,000 shares of Allahabad Bank for merging the latter with itself, according to an exchange filing. As per the fair equity share ...

NEW DELHI: Indian Bank will issue 115 shares for every 1,000 shares of Allahabad Bank for merging the latter with itself, according to an exchange filing. As pe E-PAPER ...

Allahabad Bank had a total business of ₹3.77-lakh crore as on March 31, 2019. Deposits were at ₹2.14-lakh crore, while advances were close to ₹1.63-lakh crore.

The board of state-owned Indian Bank on Wednesday approved the merger with Allahabad Bank and capital infusion of up to Rs 5,000 crore. "The board of directors in its meeting held today approved ...

Mentioning that Allahabad Bank was on its way to recovery, she said it had posted a net profit in the first quarter of 2019-20. It had made huge provisions and any recovery will add back to their ...