Allahabad Bank

Allahabad Bank provides financial products and services such as internet banking, cards and loans to individuals and businesses. Read more

S S Mallikarjuna Rao's photo - CEO of Allahabad Bank

CEO

S S Mallikarjuna Rao

CEO Approval Rating

81/100

Founded:

1865

Status:

PublicMerged with Indian BankNational Stock Exchange of IndiaALBK

ALLAHABAD BANK TOP COMPETITORS OR ALTERNATIVES

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HDFC is one of Allahabad Bank's top competitors. HDFC is a Public company that was founded in Mumbai, Maharashtra in 1994. HDFC is in the Banks field. HDFC has 99,134 more employees vs. Allahabad Bank.

ICICI Bank is perceived as one of Allahabad Bank's biggest rivals. ICICI Bank was founded in 1955 in Mumbai, Maharashtra. ICICI Bank competes in the Banks industry. ICICI Bank generates $20.6B more revenue than Allahabad Bank.

Kotak Mahindra is a top competitor of Allahabad Bank. Kotak Mahindra's headquarters is in Mumbai, Maharashtra, and was founded in 1985. Kotak Mahindra competes in the Banks field. Kotak Mahindra generates 272% of Allahabad Bank's revenue.

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Allahabad Bank Quarterly and Annual Revenue

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Annual Revenue

$2.8B

Allahabad Bank's revenue is the ranked 14th among it's top 10 competitors. The top 10 competitors average 18.6B.

Allahabad Bank Acquisitions

No recent acquisitions found related to Allahabad Bank

Allahabad Bank Funding History

Since Allahabad Bank was founded in 1865, it has participated in 1 round of funding. In total Allahabad Bank has raised $299.5M. Allahabad Bank's funding round was on Jan 2020 for a total of $299.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Investment Fund
Jan 2020
$299.5M
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Since Allahabad Bank was founded in 1865, it has participated in 1 round of funding. In total Allahabad Bank has raised $299.5M. Allahabad Bank's funding round was on Jan 2020 for a total of $299.5M

Allahabad Bank Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Patanjali is an India-based manufacturer, instore and online retailer of ayurvedic products such as health drinks, biscuits, sweets and soaps.
$448.1M
Nov 28, 2019
Debt
-

Allahabad Bank News

April 8, 2020BW BUSINESSWORLD

Surana & Surana International Attorneys Advises Allahabad Bank For Merger With Indian Bank

Surana & Surana International Attorneys (SSIA) were appointed by Kolkata headquartered Allahabad Bank... See more »
April 1, 2020Business Insider India

Allahabad Bank into sunset after getting merged with Indian Bank

Kolkata, Apr 1 () The 155-year-old Allahabad Bankceased to exist as it got merged with Indian Bank on... See more »
April 1, 2020Business Standard

Indian Bank allots 520.5 mn shares to Allahabad Bank shareholders

The bank is in the process of filing listing applications with the stock exchanges... See more »
March 31, 2020Business Standard

Allahabad Bank branches are now Indian Bank branches

Effective April 1, Allahabad Bank will merge with Indian Bank, creating an entity with over 6,000 bra... See more »
March 28, 2020The Hindu

Indian Bank

Lender will retain its name post amalgamation, says MD Chunduru... See more »
March 28, 2020The Economic Times

Official

The merger process of Indian Bank and Allahabad Bank could face a slight delay in the wake of the 21-... See more »
March 20, 2020FirstPost

Indian Bank NPA to rise, no change in board post-merger, says MD & CEO Padmaja Chunduru

Indian Bank NPA to rise, no change in board post-merger, says MD & CEO Padmaja Chunduru... See more »

Social Media

Allahabad Bank Headquarters

2, Netaji Subhas Road, BBD Bagh Murgighata, BBD Bagh

Kolkata, West Bengal700001

91-332-242-0851

Driving Directions »

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Allahabad Bank Summary

ABOUT

Overview

Allahabad Bank provides financial products and services such as internet banking, cards and loans to individuals and businesses. Allahabad Bank was founded in 1865. Allahabad Bank's headquarters is located in Kolkata, West Bengal, IN 700001. It has ra...

CEO

Allahabad Bank's CEO, S S Mallikarjuna Rao, currently has an approval rating of 81%. Allahabad Bank's primary competitors are HDFC, ICICI Bank & Kotak Mahindra.

Frequently Asked Questions about Allahabad Bank

  1. When was Allahabad Bank founded?

    Allahabad Bank was founded in 1865
  2. Who is Allahabad Bank's CEO?

    Allahabad Bank's CEO is S S Mallikarjuna Rao
  3. How much revenue does Allahabad Bank generate?

    Allahabad Bank generates $2.8B in revenue
  4. How much funding does Allahabad Bank have?

    Allahabad Bank has historically raised $299.5M in funding
  5. Where is Allahabad Bank's headquarters?

    Allahabad Bank's headquarters is in Kolkata West Bengal, IN
  1. How many employees does Allahabad Bank have?

    Allahabad Bank has 20,959 employees
  2. What sector does Allahabad Bank operate in?

    Allahabad Bank is in Banks
  3. Who are Allahabad Bank's competitors?

    Allahabad Bank's top competitors are HDFC, ICICI Bank, Kotak Mahindra
  4. Who has Allahabad Bank invested in?

    Allahabad Bank's has invested in companies such as Patanjali Ayurved