Allahabad Bank announced that the Board of Directors of the bank at its meeting held on January 11, 2014, has approved to declare an interim dividend at the rate of 25% on paid up equity capital of the bank of the face value of INR 10 each, that is INR 2.50 per equity share. The dividend payment date for the aforesaid interim dividend will be January 30, 2014. The payment of aforesaid interim dividend will be subject to the necessary permission and approval from the Government of India and Reserve Bank of India and other statutory regulatory authorities, if any.