Allahabad Bank :
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.
Shri T.R Chawla is the senior most Executive Director of the bank. Shri Rakesh Sethi is the newly appointed Chairman & Managing Director of the bank.
As of 31 March 2012, it 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.As on 31 March 2013, the bank had 22,557 employees, out of which 3,293 were women (15%).[5] Out of the total employees, 51% were officers, 30% were clerks and remaining 19% were subordinate staff.[5] The bank recruited 1,950 employees (1,421 Officers, 390 Clerks and 139 subordinate staff) during the same financial year.[5] The company incurred INR 20 billion on employee benefit expenses during the same financial year.[5]
Employee productivity: During the FY 2013-14, the business per employee was INR 13.50 crores and it earned a net profit of INR 4.77 lakhs per employee.[
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.
Shri T.R Chawla is the senior most Executive Director of the bank. Shri Rakesh Sethi is the newly appointed Chairman & Managing Director of the bank.
As of 31 March 2012, it 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.As on 31 March 2013, the bank had 22,557 employees, out of which 3,293 were women (15%).[5] Out of the total employees, 51% were officers, 30% were clerks and remaining 19% were subordinate staff.[5] The bank recruited 1,950 employees (1,421 Officers, 390 Clerks and 139 subordinate staff) during the same financial year.[5] The company incurred INR 20 billion on employee benefit expenses during the same financial year.[5]
Employee productivity: During the FY 2013-14, the business per employee was INR 13.50 crores and it earned a net profit of INR 4.77 lakhs per employee.[
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