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ALBK Share Price Discussion

Allahabad Bank
Sector: Banks
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ALBK Share Price *
30.3 -1.35 (-4.27%)
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ALBK Discussion Forum

Allahabad Bank to launch loans linked with external benchmark rates; shares fall 3%
Presently, the bank has identified RBI's repo rate and 3 month MIBOR as the benchmark rates.
Moneycontrol
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Allahabad Bank to offer repo linked retail, small biz loans from October
The bank had decided to launch retail loans and loans to micro & small enterprises linked with external benchmark rates published by Financial Benchmarks India Pvt LTd (FBIL), it said.
Moneycontrol
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Stocks in the news: NALCO, Reliance Comm, NTCP, Laurus Labs, Tata Comm, RITES, Madhav Infra
Central Bank of India | Tata Communications | NALCO | RITES | NTPC and OBC are among stocks which are in news today.
Moneycontrol
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Market Headstart: Nifty likely to open flat; Britannia, GNFC top buying ideas
Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, with a 10 points gain or 0.09 percent. Nifty futures were trading around 11,001.50-level on the Singaporean Exchange.
Moneycontrol
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Allahabad Bank board approves merger with Indian Bank
Finance Minister Nirmala Sitharaman had on August 30 announced the consolidation of 10 state-run banks into four large-scale lenders.
Moneycontrol
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Banking wrap: RBI issues draft norms for SFB licensing; govt asks lenders to use NCLT as last resort
Weekly wrap: RBI's new loan pricing norm may put banks in a fix, NBFCs' outlook remains grim and a checklist for customers of merging PSBs
Moneycontrol
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EXCLUSIVE | Banks may have to cut stake in insurance firms to below 30%
Sources told Moneycontrol that the insurance regulator and banking regulator will clarify their position within the next three months.
Moneycontrol
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EXCLUSIVE | Banks may be told to pare stakes in insurance companies below 30%
Sources told Moneycontrol that the insurance regulator and banking regulator will clarify their position within the next three months.
Moneycontrol
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Explained: Here's a checklist to track if your bank is getting merged
Punjab National Bank, Union Bank of India, Canara Bank and Indian Bank are the anchor banks and customers of these banks will not be affected.
Moneycontrol
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Stocks in the news: Canara Bank, NBCC, PNB, DHFL, Shilpa Medicare, Avenue Supermarts
Vivimed Labs | Canara Bank | DHFL | Varun Beverages and Rane Holdings are stocks, which are in news today.
Moneycontrol
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Bank mergers: Here is how the insurance JVs and policy holders will be impacted
In cases where one bank promotes two insurers in same category post merger, the companies will either have to be merged or sold
Moneycontrol
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After big bang PSU banks merger, what should investors do and which stocks to buy?
Abhimanyu Sofat of IIFL Securities said merger of relatively better run Indian Bank with Allahabad Bank is disappointing.
Moneycontrol
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Buzzing stocks: PSB stocks crack up to 9%; Nifty PSU Bank index falls 4%
The weakness seems to be a fallout of the government's announcement of merger of 10 PSBs into four on August 30 and the worries stemming from the move.
Moneycontrol
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Govt asks state-run bank heads to reform boards
The department has directed banks to form risk management committees, and to combine their remuneration and nomination committees
Moneycontrol
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Stocks in the news: Tata Motors, Maruti Suzuki, SPML Infra, PNB, Canara Bank
Karnataka Bank | PNB | Divis Lab | JSW Steel | M&M and Coffee Day Enterprises are the stocks, which are in news today.
Moneycontrol
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Policy Play | Will the PSU bank merger achieve its desired objective?
The banks being merged have been losing deposit and credit market share and any improvement in the near term is unlikely
Moneycontrol
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Bank mergers: The implications and what brought it about
Merging weaker banks with stronger ones will erect a protective ring for depositors and shareholders.
Moneycontrol
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Analysts give thumbs up to mega merger of public sector banks
The consolidation will bring down the total number of public sector banks to 12 from 27.
Moneycontrol
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Stocks in the news: HUL, IDBI Bank, Oberoi Realty, Power Grid, Dilip Buildcon, DHFL
IDBI Bank | Oberoi Realty | Power Grid Corporation | Dilip Buildcon | DHFL | Nalco and Premier Explosives are stocks which are in the news today.
Moneycontrol
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Stocks in the news: RIL, Tata Motors, ONGC, BHEL, BPCL, Sintex Plastics, Varroc Engg, Oil India
Tata Motors | Alembic | Bosch | National Aluminium Company | Unichem Laboratories | ONGC | BHEL | BPCL and Sintex Plastics are among stocks, which are in news today.
moneycontrol.com
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More PSU banks likely to cut rate in few days
The reduction in the interest rate will help spur consumption as this will bring down EMIs for home, auto and corporate loans.
www.moneycontrol.com
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ALBK - chart - 307824
# ALBK OVERVIEW
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Why albk is not moving?
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Stocks in the news: ITC, RIL, Nestle, NIIT, Coffee Day, DHFL, Union Bank, Bata India, JK Cement
Nestle India | NIIT | Coffee Day Enterprises | DHFL | Union Bank | Bata India and JK Cement are stocks which are in the news today.
moneycontrol.com
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Banking wrap: State-owned banks gear up to raise equity, SBI says limited room for improvement in margins
The RBI slapped fine on eight public sector banks for violating norms on fraud classification, bill discounting and monitoring of end use of funds
moneycontrol.com
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RBI slaps fine on eight public sector banks for violating norms
Bank of Baroda, Bank of India, Indian Overseas Bank and Union Bank of India were fined Rs 1.5 crore each, while Allahabad Bank and Bank of Maharashtra were penalised Rs 2 crore each. Oriental Bank of Commerce was penalised with Rs 1 crore, the RBI said.
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Stocks in the news: Bharti Airtel, SBI, ITC, Eicher Motors, Raymond, Tata Power, Tata Motors
SBI | ITC | Eicher Motors | Raymond | Tata Power | ACC | Dishman Carbogen and SRF are stocks which are in the news today.
moneycontrol.com
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Allahabad Bank logs Rs 128 cr profit in Q1
Total income was down at Rs 4,747.49 crore in June quarter of 2019-20, as against Rs 4,794.04 crore in the same quarter of the last fiscal, the bank said in regulatory filing.
moneycontrol.com
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Allahabad Bank Standalone June 2019 Net Interest Income (NII) at Rs 1,530.10 crore, down 10.19% Y-o-Y
moneycontrol.com
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Stocks in the news: ICICI Bank, Cadila Health, Mahindra Life, Vedanta, Uflex, Granules, NHPC
Maruti Suzuki | Allahabad Bank | Future Lifestyle Fashions | ICICI Bank | Power Mech Projects | Manpasand Beverages and Usha Martin are stocks which are in news today.
moneycontrol.com
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Stocks in the news: ICICI Bank, Cadila Health, Mahindra Life, Vedanta, Uflex, Granules India
Maruti Suzuki | Allahabad Bank | Future Lifestyle Fashions | ICICI Bank | Power Mech Projects | Manpasand Beverages and Usha Martin are stocks which are in news today.
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ALBK - chart - 283330
# ALBK OVERVIEW
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ALBK - chart - 266295
# ALBK OVERVIEW
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ALBK - chart - 258795
# ALBK OVERVIEW
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ALBK - chart - 256941
# ALBK OVERVIEW
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ALBK - chart - 244111
Albk
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  • ALBK - Share Price - Fundamentals

    keyboard_arrow_down
    Market Capitalization4,080.93
    Enterprise Value229,794.31
    Price to Earnings9.28
    Price to Book Value0.66
    Return on Capital Employed0.02
    Return on Equity-0.76
    Face Value10
    Dividend YieldNA
  • ALBK Share Price - Technicals

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    ALBK - 52 Week High₹59
    ALBK - 52 Week Low₹30
  • ALBK - Brokerage Reports

    keyboard_arrow_down
    DateBrokerageCallTarget
    1-Mar-19Indiabulls VenturesBuy65
    16-Nov-16SPA SecuritiesSell58
    29-Aug-16SPA SecuritiesSell58
    View all ALBK - Share Targets - Broker Reports
  • ALBK Share Price - Historical (₹)

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    DateOpenHighLowClose
    Sep 1832.5532.931.331.65
    Sep 1733.3533.632.332.55
    Sep 1633.4533.7533.233.35
    Sep 1333.933.933.0533.45
    Sep 1233.553433.4533.55
  • ALBK Share Price - Daily Moving Averages (DMA)

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    20 Day Moving Average₹33.31
    30 Day Moving Average₹34.43
    50 Day Moving Average₹37.8
    100 Day Moving Average₹41.42
    200 Day Moving Average₹44.6
  • ALBK - Profit And Loss

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    CONSOLIDATEDMar-18Mar-17 % Change
    Revenue16,358.4917,660.39-0.07
    Operating Profit2,485.649,281.07-0.73
    Profit Before Tax-6,591.02-604.719.9
    Net Income-4,674.37-313.5213.91
  • ALBK - Balance Sheet

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    CONSOLIDATEDMar-18Mar-17 % Change
    Shareholder's Funds6,175.6811,695.93-0.47
    Total Liabilities247,158.54226,047.150.09
    Total Assets253,334.22237,743.080.07
  • ALBK - Cash Flow

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    CONSOLIDATEDMar-18Mar-17 % Change
    Cash from Operating Activity-2,563.19-1,112.781.3
    Cash from Investing Activity-83.34-92.74-0.1
    Cash from Financing Activity2,013.11904.681.23
    Net Cash Flow-633.43-300.841.11
  • ALBK - Ratios

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    CONSOLIDATEDMar-18Mar-17
    Return on Assets-0.02NA
    Return on Equity-0.76-0.03
    Return on Capital Employed0.020.05
  • ALBK - 3 year Growth

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    3 Year CAGR Growth in Revenue-0.17
    3 Year CAGR Growth in Operating Profit-0.81
    3 Year CAGR Growth in EBIDTA-0.66
    3 Year CAGR Growth in Net Income-8.53
    3 Yr CAGR Growth - Diluted EPS-6.09
  • ALBK - 5 year Growth

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    5 Year CAGR Growth in Revenue-0.06
    5 Year CAGR Growth in Operating Profit-0.8
    5 Year CAGR Growth in EBIDTA-0.64
    5 Year CAGR Growth in Net Income-4.94
    3 Yr CAGR Growth - Diluted EPS-3.34
  • ALBK Share Price - Recent News

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    NewsBot
    Just now
    Allahabad Bank to launch loans linked with external benchmark rates; shares fall 3%
    Moneycontrol
    NewsBot
    Today 2:18 PM
    Allahabad Bank to offer repo linked retail, small biz loans from October
    Moneycontrol
    NewsBot
    Today 1:48 PM
    Stocks in the news: NALCO, Reliance Comm, NTCP, Laurus Labs, Tata Comm, RITES, Madhav Infra
    Moneycontrol
    NewsBot
    Sep 17 2:18 PM
    Market Headstart: Nifty likely to open flat; Britannia, GNFC top buying ideas
    Moneycontrol
    NewsBot
    Sep 17 1:58 AM
    Allahabad Bank board approves merger with Indian Bank
    Moneycontrol
    NewsBot
    Sep 15 6:58 PM
    Banking wrap: RBI issues draft norms for SFB licensing; govt asks lenders to use NCLT as last resort
    Moneycontrol
    NewsBot
    Sep 11 11:38 PM
    EXCLUSIVE | Banks may have to cut stake in insurance firms to below 30%
    Moneycontrol
    NewsBot
    Sep 11 11:18 PM
    EXCLUSIVE | Banks may be told to pare stakes in insurance companies below 30%
    Moneycontrol
    NewsBot
    Sep 10 11:28 PM
    Explained: Here's a checklist to track if your bank is getting merged
    Moneycontrol
    NewsBot
    Sep 9 1:43 PM
    Stocks in the news: Canara Bank, NBCC, PNB, DHFL, Shilpa Medicare, Avenue Supermarts
    Moneycontrol
  • ALBK - Related Communities

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  • ALBK - More Information

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    Allahabad Bank:
    Providing banking products and services, Allahabad bank has been recognized as the nation's one of the eminent banks, offering banking products and services. It is operating in four segments: Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. The company is currently offering several deposit products along with with the current bank and savings bank accounts, fixed deposit, double deposit plans, Flexi fixed deposit etc. Also, the company provides loans against national savings certificates along with personal loans for doctors.
    Besides that, different loan services such as education loans, car loans, home loans, commercial vehicles and home appliances finance schemes, property loans, trade loans, reverse mortgage loans etc. Allahabad bank is providing agriculture and small business loans along with government-sponsored projects and gold card facility. International banking services, too, is provided by the bank. With 3245 domestic branches all over India and 1105 ATMs/CD's the company is possessing an international office at Hong Kong. The company was founded in 1865, and its headquartered at Kolkata.

    Company Information:
    Allahabad Bank, after its inception in 1865, emerged as a part of P & O Banking Corporations group in 1920 with a bid price of Rs.436 each share. In 1923, the bank's head office was shifted to Calcutta, but the bank's name remained the same. The bank started its remarkable journeys after crossing its century in 1965. The bank was nationalized in the year of 1969 with 151 branches throughout the nation along with Rs.119 crore of deposits. In October 1989, the bank merged with United Industrial Bank Ltd. The bank initiated merchant banking in 1984. In 1991, the bank founded All Bank finance Limited as a subsidiary of merchant banking. For the best performance in 1991, the bank was awarded Rajbhasha Shield by Official Language Implementation Committee of Calcutta.
    The bank started to finance small-scale industrial units when it signed an MOU with Small Industries Development Bank of India (SIDBI). As the SEBI Rules and Regulations developed, the company had surrendered its registration of merchant banking in 1998 and Reserve Bank of India registered it as Non-Banking Financial Company (NBFC). RBI gave the gold trading permission n to the bank in the same year. The company went for a contract with Tata Consultancy Services (TCS) to implement the Integrated Standard Banking System in the year of 1999. At the end of the twentieth century, the company had achieved the success of securing the three major powerful clients viz. National Thermal Power Corporation (NTPC), Power Grid Corporation and Indian Railway Finance Corporation Ltd. (IRFC).
    Launching a personal loan scheme for the pensioners was the first innovation the bank introduced in the twenty-first century in 2001. With ten crores share of Rs.10 face value, the bank came out with Initial Public Offer (IPO) on October 2002. In the same year, the bank tied up with the National Institute of Banking Management for the betterment and evolution in HRM, Risk Management and business strategies.
    In 2003, the bank signed an MOU with Corporation Bank to jointly operate their ATM network. Again it signed an MOU in 2004 with Export Credit Guarantee Corporation of India (ECGC) for the distribution purpose. Allahabad Bank went for a strategic tie with the UTI Mutual Fund in April 2004. The company drastically reduced the government's shareholding to 55.23% as it made Follow on Public Offer (FPO) of 10 crores equity shares of face value Rs.10 and premium of Rs.72. Again it signed an MOU in the same year with Mahindra Gujrat Tractor Ltd.
    In June 2006 the bank inaugurated its representative office at Shenzen, China. In the same year, the bank introduced its first branch with Core Banking Services (CBS). The bank opened 100 more branches all over India, which increased the number of branches from 2042 to 2142. In 2007 the bank introduced its office at Hong Kong. The bank implemented Agricultural Debt Waiver and Debt Relief Scheme-2008 in 2008. In FY 2010-11 the bank brought all its branches under CBS system. The bank tied up with M/S Aditya Birla to serve the Demat customers. The bank introduced RuPay as a domestic ATM card, Prepaid Gift card and Inter-Bank Mobile Payment System in the FY 2012-13. During 2014-15, the bank introduced all Bank Credit Loyalty Benefit Scheme and All Bank New Saral Loan Scheme.

    How Allahabad Bank, is categorised as Banks Sector, and Finance Industry :
    The Financial Industry is a section that leads the world in terms of equity market capitalization and earnings. The companies that are in the economic enterprise focus mainly on managing money, as their revenue is generated mostly by the sectors from mortgage and loans that gain value as interest rates rise. Also, this industry's economy is made up of institutions and firms that provide financial services to wholesale and retail customers.
    The main sectors that are into the Financial industry are,
    • Accounting and Bookkeeping.
    • Financial Markets and Planning.
    • Banking and General Financial Services.
    • Mortgage and Financial Broking.
    • Insurance and Superannuation.
    • Specialised Financial Services.
    Allahabad Bank comes under the Banking sector. The banking sector is one of the active areas in India, which makes a significant portion of the growth of a country’s GDP. The banking sector in India is of great importance in Asia and also throughout the World because of its steady performance in the market.

    Allahabad Bank, Competitors and Sector Peers:
    Bandhan Bank Ltd. - BANBAN
    Bank of Rajasthan Ltd.[Merged] - BANOFR
    Centurion Bank of Punjab Ltd.[Merged] - CENTUB
    City Union Bank Ltd. - CITUNI
    DCB Bank Ltd. - DEVCRE
    Dhanlaxmi Bank Ltd. - DHABAN
    Federal Bank Ltd. - FEDBAN
    HDFC Bank Ltd. - HDFBAN
    ICICI Bank Ltd. - ICIBAN
    IDFC First Bank Ltd. - IDFCB
    IndusInd Bank Ltd. - INDUBA
    ING Vysya Bank Ltd.[Merged] - INGVYS
    Jammu & Kashmir Bank Ltd. - JAMKA
    Karnataka Bank Ltd. - KARBAN
    Karur Vysya Bank Ltd. - KARVYS
    Kotak Mahindra Bank Ltd. - KOTAMA
    Lakshmi Vilas Bank Ltd. - LAKVIL
    RBL Bank Ltd. - RATBAN
    South Indian Bank Ltd. - SOUINB
    YES Bank Ltd. - YESBAN
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.