[4] The bank's market capitalisation in June 2018[update] was US$573 million and ranked #1,882 on the Forbes Global 2000 list.

[6][7] By the end of the 19th century it had branches at Jhansi, Kanpur, Lucknow, Bareilly, Nainital, Calcutta, and Delhi.

[citation needed] In the early 20th century, with the start of Swadeshi movement, Allahabad Bank witnessed a spurt in deposits.

Then in April 2005 the bank conducted a second public offering of ₹100 million shares, each with a face value ₹10 and selling at a premium of ₹72.

The merger would create the seventh largest public sector bank in the country with assets of ₹8.08 trillion (US$93 billion).

[4] The bank recruited 1,950 employees (1,421 Officers, 390 Clerks and 139 subordinate staff) during the same financial year.

[citation needed] On 13 July 2019, Allahabad Bank disclosed that it detected a fraud, worth ₹17.7482 billion (US$205 million) by Bhushan Power & Steel (BPSL).

[18] The bank also detected another fraud of ₹6.8827 billion (US$80 million) by SEL Manufacturing Ltd., a Ludhiana-based textile company on 17 July 2019.