Allahabad Bank jumps 11% as govt approves capital infusion of Rs 2,153 cr

Infusion of the capital into the bank by the government comes ahead of the merger with Indian Bank, which is expected to help the bank meet the regulatory requirement to get amalgamated.

Infusion of the capital into the bank by the government comes ahead of the merger with Indian Bank, which is expected to help the bank meet the regulatory requirement to get amalgamated. https://ift.tt/2tPEUNm December 26, 2019 at 06:20PM