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Wednesday, November 13, 2013
Allahabad Bank branch at Nagarbhavi
November, 12, 2013: Allahabad Bank opened a new branch at Nagarbhavi to mark its 149th anniversary on Monday.
The bank’s Chairman and Managing Director Shubhalakshmi Panse inaugurated the branch. According to a press release, the bank has 69 branches in Bangalore zone comprising Karnataka and Kerala. It has 50 branches are in the State and 19 in Kerala. Of these, one specialized Industrial Finance Branch caters exclusively to the needs of corporate clients. All the branches under the bank’s Bangalore zone are enabled with core banking service (CBS) facilities, it added.
The bank has a central processing hub here which is directly involved in assisting the branches by carrying out back office functions.