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Last 66.50 INR
Change Today -0.50 / -0.75%
Volume 1.5M
ANDB On Other Exchanges
Natl India
As of 9:00 AM 10/1/15 All times are local (Market data is delayed by at least 15 minutes).

andhra bank (ANDB) Snapshot

Previous Close
Day High
Day Low
52 Week High
01/1/15 - 101.00
52 Week Low
09/10/15 - 58.50
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for ANDHRA BANK (ANDB)

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andhra bank (ANDB) Details

Andhra Bank provides a range of banking products and services to large, medium, and small customers in India. The company operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It accepts deposit products, including savings accounts, current accounts, and term deposits; and offers loan products, such as housing, vehicle, educational, personal, professional, mortgage, and reverse mortgage loans, as well as loans against gold, rent receivables, National Savings Certificates, Kisan Vikas Patra, life insurance policies, and other securities. The company also provides credit facilities comprising working capital finance, export import finance, working capital demand loans, bill finance, project and insurance finance, term finance, corporate loans, equipment finance, bridge loans, advances against share deposits, loan of credit, bank guarantees, and letters of credit, as well as forward contracts. In addition, it offers credit, debit, and prepaid cards; DMAT services; payment services; life, non-life, general, and health insurance products; mutual funds; project appraisal and loan syndication services; NRI banking services; and services to micro, small, and medium enterprises. Further, the company provides short term and medium/long term credit for agricultural and allied activities; women empowerment schemes; various special schemes; and rural self-employment training institutes, as well as Internet banking services. As of March 31, 2015, the company had 2,507 branches; 8 extension counters; 35 satellite offices; and 2,232 ATMs in 26 states and 3 union territories. Andhra Bank was founded in 1923 and is headquartered in Hyderabad, India.

Founded in 1923

andhra bank (ANDB) Top Compensated Officers

Chief Executive Officer, Managing Director, E...
Total Annual Compensation: 2.1M
Executive Director, Member of Share Transfer ...
Total Annual Compensation: 82.5K
Compensation as of Fiscal Year 2015.

andhra bank (ANDB) Key Developments

Andhra Plans To Raise Money

Andhra Bank (BSE:532418) plans to raise INR 7 billion through qualified institutional placement (QIP) next quarter. "This is part of our plan to raise INR 30 billion capital in the current financial year,'' its Managing Director, S K Kalra, told newspersons.

Andhra Bank, Board Meeting, Aug 29, 2015

Andhra Bank, Board Meeting, Aug 29, 2015. Agenda: To consider the preferential allotment of equity shares in favour of Government of India, subject to shareholders' assent at the EGM as on September 23, 2015 in consonance with the notification dated August 19, 2015 of Ministry of Finance, Government of India; to have August 24, 2015 as the relevant date and to fix the issue price as provided in the SEBI (ICDR) Regulations for preferential allotment; and to authorise Managing Director & CEO (Addl. Charge) and/or Executive Director (in the absence of the Managing Director & CEO) to do all such acts, deeds and things as may be necessary and expedient with regard to issue and allotment of equity shares to Government of India on preferential basis and for fixing the issue price as provided under SEBI (ICDR) Regulations, 2009 and to do all matters incidental or ancillary thereto.

Andhra Bank, Special/Extraordinary Shareholders Meeting, Sep 23, 2015

Andhra Bank, Special/Extraordinary Shareholders Meeting, Sep 23, 2015., at 16:30 Indian Standard Time. Location: Andhra Bank Apex College, Plot No. 27-29. Agenda: To consider raising of capital by issuance of equity shares by way of preferential allotment to Government of India.


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