Govt to infuse Rs 3054 crore in Allahabad Bank

Allahabad Bank has received a communication from the Government of India, Ministry of Finance, Department of Financial Services regarding fresh capital infusion of Rs 3054 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 … Read more

SC hears pleas challenging Allahabad HC verdict in ayodhya land dispute case

SC was hearing batch of pleas challenging the Allahabad High Court’s 2010 verdict by which the disputed land on the Ram Janmabhoomi-Babri Masjid area in Ayodhya was divided into three parts. A bench lead by Chief Justice Ranjan Gogoi heard the appeals filed in the matter. On September 27, the apex court had declined to … Read more

Ayushman Bharat / Uttar Pradesh / Allahabad

Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by … Read more

Allahabad Bank raises Rs 1,790 crore from GoI via preferential issue

Allahabad Bank has raised around Rs 1,790 crore from the Government of India (GoI). The Share Issue and Allotment Committee of the Board has approved for allotment of 38,92,15,046 new equity shares of face value of Rs 10.00 of the Bank on preferential basis to the Government of India (President of India) at an Issue … Read more

Unnao gangrape case: Allahabad HC slams UP police, to pronounce order on Friday

New Delhi: Coming down heavily on UP police, Allahabad High Court on Thursday asked why accused BJP MLA Kuldeep Sengar was not arrested and that based on the prevailing situation, it would be compelled to say in its order that the law and order situation in the state has collapsed. While the HC will pronounce its … Read more

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