Last 84.30 INR
Change Today -0.15 / -0.18%
Volume 2.6M
As of 6:05 AM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

andhra bank (ANDB) Snapshot

Open
84.70
Previous Close
84.45
Day High
85.00
Day Low
83.25
52 Week High
06/5/14 - 110.00
52 Week Low
03/14/14 - 56.60
Market Cap
49.7B
Average Volume 10 Days
2.9M
EPS TTM
7.75
Shares Outstanding
589.6M
EX-Date
07/11/14
P/E TM
10.9x
Dividend
1.10
Dividend Yield
--
Current Stock Chart for ANDHRA BANK (ANDB)

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andhra bank (ANDB) Details

Andhra Bank provides various banking products and services to large, medium, and small customers in India. The company operates in Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers deposit products that include savings accounts, current accounts, term deposits, and Demat accounts; and loan products, which comprise housing loans, vehicle loans, educational loans, loans against gold for non-agricultural purposes, personal and professional loans, mortgage loans, and reverse mortgage loans, as well as loans against rent receivables, National Savings Certificates, Kisan Vikas Patra, life insurance policies, and other securities. The company also provides credit, debit, and prepaid cards; payment services; life, and non-life and general health insurance products; and mutual funds. In addition, it offers various credit facilities, such as working capital finance, export import finance, working capital demand loans, bill finance, project finance, insurance finance, term finance, corporate loans, equipment finance, bridge loans, advances against share deposits and rent receivables, loan of credit, bank guarantees, and letters of credit; and project appraisal and loan syndication services. Further, the company provides NRI banking services; services to micro, small, and medium enterprises; short term credit and medium/long term credit for agricultural and allied activities; women empowerment facilities; various agricultural schemes; and rural development measures. Additionally, it offers Internet Banking, mobile banking, and other online services. As of March 31, 2014, the company had 2,114 branches and 1,850 ATMs. Andhra Bank was founded in 1923 and is headquartered in Hyderabad, India.

Founded in 1923

andhra bank (ANDB) Top Compensated Officers

Chairman and Managing Director
Total Annual Compensation: 518.3K
Executive Director, Chairman of Share Transfe...
Total Annual Compensation: 1.7M
Compensation as of Fiscal Year 2014.

andhra bank (ANDB) Key Developments

Andhra Bank Announces Board Appointments

Andhra Bank has announced that the Nomination Committee of the Board of the Bank, at its meeting held on February 20, 2015, approved the appointment of Krishna Kumar Aravamudan and Sivakumar Gopalan as directors of the company with effect from March 14, 2015.

Andhra Bank, Board Meeting, Feb 20, 2015

Andhra Bank, Board Meeting, Feb 20, 2015. Agenda: To discuss the nomination committee of the board have accorded fit and proper status.

Andhra Bank Announces Cessation of Shri Nagi Reddy Venkata Ramana Reddy as Non-Official Director

Andhra Bank announced that Shri Nagi Reddy Venkata Ramana Reddy, who was appointed as Part Time Non-Official Director on the Board of the Bank, vide its Notification dated October 15, 2013, shall cease to be a Non-Official Director on the Board of the Bank with immediate effect.

 

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