The Kolkata-based lender registered a loss of ₹4,674 crore in 2017-18 and a loss of ₹279 crore in 2016-17In January last year, the lender came under RBI's watch-list under the Prompt Corrective Action (PCA) framework after reporting huge losses
2 min read5 Jun 2019Q1 results showed Allahabad Bank made a loss of ₹1,944 crore in the June quarter against a profit of ₹28.8 crore a year ago
1 min read14 Aug 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared