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Allahabad Bank receives capital infusion of Rs 1790 crore from govt
Jul-19-2018

Allahabad Bank has received a communication from the Government of India, Ministry of Finance, Department of Financial Services regarding capital infusion of Rs 1790 crore towards contribution of the Central Government in the preferential allotment of equity shares (Special Securities/Bonds) of the Bank during the financial year 2018-19, as Government's investment.  

Allahabad Bank is a nationalised bank with its headquarters in Kolkata. It is the oldest joint stock bank in India.

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