Allahabad Bank Notification

Name: Allahabad Bank

Post Name: Specialist Officers

No.of Vacancies: 92

Qualification: Graduation, B.Tech/B.E, LLB, M.E/M.Tech, ICWA, MBA/PGDM, CA

Job Location: Kolkata

Last Date: 29th April 2019

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Allahabad Bank is a nationalized public bank with its main branch in Kolkata (India). It is one of the oldest joint-stock banks in Asia. On 24th-Apr-2014, the bank opened into its 150th year of founding. The bank was established in Allahabad in the year 1865.

As of 31st-Mar-2018, Allahabad Bank had completed 3245 branches over India. The bank did a whole business of Rs. 3.8 trillion through the Financial Year 2017 to 18.

The bank’s business capitalization in Jun-2018 was $573 million and is listed #1,882 on the Forbes Global two thousand lists. On 30th-Aug-2019, the Nirmala Sitharaman (Finance Minister)  declared the merger of Allahabad Bank with the Indian Bank.

Allahabad Bank started a branch in Yangon (Rangoon). At some time, Chartered Bank amalgamated Allahabad Bank’s office in Yangon with its individual. In the year 1963, the radical government in Burma nationalized the Chartered Bank’s works there, which grew People’s Bank No. two.

On 19th-Jul-1969, the Government of Indian nationalized Allahabad Bank, onward with thirteen other banks.

In Oct-1989, Allahabad Bank acquired the United Industrial Bank, a Calcutta based bank that had been built in the year 1940 and that carried with its total of 145 branches. 2 years later, Allahabad Bank placed AllBank Finance Ltd, a fully owned Merchant Banking subsidiary.

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