Find latest allahabad bank recruitment and jobs for 2021 on this page. If you are looking for jobs in allahabad bank for the post of bank job for specialist officers, specialist officers vacancy, rseti faculty vacancy, faculty member, watchman cum gardener / faculty member, faculty then apply for these jobs on this page. You also apply online for allahabad bank recruitment for the year of 2020, 2019, 2018, 2017 here and check minimum qualification, salary, age limit, exam pattern & last date for all jobs.
Watchman Cum Gardener / Faculty Member
Rseti Faculty Vacancy
Specialist Officers Vacancy
Bank Job For Specialist Officers
Allahabad Bank (Hindi: इलाहाबाद बैंक) is a nationalised bank with its headquarters in Kolkata, India. It is the oldest joint stock bank in India. On 24 April 2014, the bank entered into its 150th year of establishment. It was founded in Allahabad in 1865.
As of 31 March 2012, Allahabad Bank had over 2,500 branches across India. The bank did a total business of INR 3.1 trillion during the FY 2012-13. The bank has a branch in Hong Kong and a representative office in Shenzen.
The bank's market capitalisation in May 2013 was US$ 1.28 billion and it ranked #1466 on the Forbes Global 2000 list
By the end of 19th Century, the Bank had its branches at Jhansi, Kanpur, Lucknow , Bareilly, Nainital, Calcutta and Delhi.
The Bank was nationalised on July 19, 1969, along with 13 other major commercial banks. At the time of nationalisation, the Bank had a network of 151 branches, deposits of Rs. 1189.9 million and advances of Rs. 820 million. These constituted 1.8%, 2.5% and 2.3% of the banking system respectively.
The Bank opened its 1000 branch on April 3, 1982. The Bank also opened specialised branches, such as Industrial Finance Branches, International Branches, Finance Branches, Recovery Branches, Industrial Finance-and -International Branches, NRI BranchesSpecialised Personal Banking Branches, Specialised Savings Bank Branches, Quick Collection Service Branches, Trading Finance Branches and Service Branches.
In 2002, the Bank came out with its first initial public offering of shares which resulted in the reduction of the government’s shareholding in the Bank and in 2005 the Bank came out with its follow-on Public Offer of ten crore equity shares of Rs.10/- each at a price of Rs.82/- per share. The issue was over subscribed by more than 9 times reducing the Govt. shareholding to 55.23%
At present, the Bank has 2260 branches and 44 Zonal Offices, 6 Staff Training Colleges ( including one for technology) and 4 staff training centres for imparting training and upgradation of knowledge base of human resources. A number of Bank’s branches and offices are housed in the Bank’s owned premises situated at prime locations in major cities of the country.