The Bank was founded at the confluence city of Allahabad by a group of Europeans.
The Bank became a part of P & O Banking Corporation's group with a bid price of Rs..436 per share,
The Head Office of the Bank shifted to Calcutta on Business considerations.
Nationalized along with 13 other banks, Branches - 151 Deposits - Rs.119 crores, Advances - Rs.82 crores.
United Industrial Bank Ltd. merged with Allahabad Bank.
Instituted AllBank Finance Ltd., a wholly owned subsidiary for Merchant Banking.
The Bank came out with Initial Public Offer (IPO), of 10 crores share of face value Rs.10 each, reducing Government shareholding to 71.16%.
Follow on Public Offer (FPO) of 10 crores equity shares of face value Rs.10 each with a premium of Rs.72, reducing Government shareholding to 55.23%.
The Bank Transcended beyond the National Boundary, opening Representative Office at Shenzen, China.
Rolled out first Branch under CBS.
The Bank opened its first overseas branch at Hong Kong.
Bank's business crossed Rs.1,00,000 crores mark.
Bank crosses Business figure of Rs.1,75,000/- crore with a growth rate of 23.06%
Bank has implemented CBS in all its Branches
Bank crosses its net work of 2500 branches.
Bank crosses bench mark business figure Rs.3,00,000/- crore and enters in "Orbit of Large Banks"
Bank celebrates 150 years of foundation.