Kolkata-based Allahabad Bank celebrated its 154th Foundation Day on April 24 by organising blood donation camps, planting saplings and distributing books and uniforms to girl children of safai karamcharis across the country.

The bank, which was set up in 1865, also felicitated eminent personalities from the fields of sports, culture and arts who have devoted themselves to social causes.

According to Usha Ananthasubramanian, MD and CEO, Allahabad Bank is a heritage bank but with a modern outlook.

The bank is currently focused on its customers through various customer-centric products that are specially designed for different segments.

It is also taking initiatives in technology upgradation, keeping the aspects of safety and convenience of customers in mind.

With a view to pass on the benefit of efficient cost management to its customers, Allahabad Bank recently reduced its base rate and benchmark prime lending rate (BPLR) by 45 basis points.

The base rate has been revised to 9.15 per cent (9.60 per cent), while the BPLR has been reduced to 13.40 per cent (13.85 per cent).

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