Accolades:

The Hon’ble Union Finance Minister visited the Bank’s Head Office on 11th November, 2005 and made a detailed discussion with the Board of Directors and the Top Management Team of the Bank. The Finance Minister expressed his happiness over the all round growth of the Bank, its expanding visibility and brand equity.

Market perception of Allahabad Bank enhanced in recent times as apparent from better ratings by various financial analysts,

Business Standard : Banking Annual, October 2004

Allahabad Bank ranked 4th among 57 Indian banks (improved from 43rd position),

Business Today : India’s Best Banks, January 2005

Allahabad Bank ranked 27th among 59 Indian Banks (improved from 43rd position) and 7th among Nationalized Banks,

ET Intelligence Group, ET 500, June 2005

Allahabad Bank ranked 5th among top ten banks (3rd among public sector banks) with overall ranking of 37th among top 500 companies (improved form 113th rank),

The Banker: The Top One Thousand World Banks, July 2005,

Allahabad Bank moved up by 169 notches to rank 681st among top 1,000 world banks,

During the FY the Bank received an award of recognition from Hon’ble Union Finance Minister for excellence in lending to agriculture sector.

Business Today : India’s Best Banks, February 2006

Allahabad Bank ranked 14th among 60 Indian Banks (improved from 27th position last year and 43rd position in 2003-04) and 6th among Nationalized Banks

Ratings:

• Allahabad Bank’s CD programme has received the highest rating of P1+ both from CRISIL and CARE

• Allahabad Bank’s Tier II Bond programme has received the rating of AA+ from CARE and AA(IND) from FITCH.

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