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