:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

ALLAHABAD BANK ALLOTS SHARES TO CENTRE


Allahabad Bank has completed the allotment of 2,95,15418 equity shares to the Centre as a part of its capital infusion process.

The Centre, which previously held 55.23 per cent of the shares in the bank, will now hold a stake of 58 per cent following a capital infusion of Rs 670 crore. The bank allotted the equity shares of Rs 10 each at a premium of Rs 217 a share.

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