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Allahabad Bank, the New Entrant in the Top Ten Banks
of the ET500 with a 5th Rank

Extracts from The Economic Times, 13th June, 2005 :

"Allahabad Bank joins the list on a huge 174% increase in market cap levels for the four trailing quarters ended December'04."

"……….All other major PSUs, with the exception of Allahabad Bank, have had growth rates under 50%."

  • Allahabad Bank emerged 3rd among public sector banks,
  • Allahabad Bank ranked 37th among the top 500 companies of the ET500,
  • Only eight banks figured in the top 100.

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