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Last 68.85 INR
Change Today -0.35 / -0.51%
Volume 1.6M
ANDB On Other Exchanges
Natl India
As of 7:05 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

andhra bank (ANDB) Snapshot

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Day High
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52 Week High
07/7/14 - 102.55
52 Week Low
09/26/14 - 60.50
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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 Bank Recommends Dividend for the Full Year of Fiscal 2015, Payable on July 17, 2015

Andhra Bank announced the board of directors has recommended a dividend of INR 2.00 per equity share shareholders for the full year of fiscal 2015 at the Annual General Meeting, shall be paid to the shareholders holding shares in physical form and whose names appear in the Register of Shareholders and to the shareholders holding shares in electronic form. The dividend payout date is July 17, 2015.

Andhra Bank Announces Audited Consolidated Earnings Results for the Year Ended March 31, 2015

Andhra Bank announced audited consolidated earnings results for the year ended March 31, 2015. For the year, the company reported total income of INR 187,879.3 million compared with INR 164,329.0 million for the same period a year ago. Operating profit before provisions and contingencies was INR 33,048.7 million compared with INR 27,552.9 million for the same period a year ago. Profit from ordinary activities before tax was INR 12,232.8 million compared with INR 7,284.1 million for the same period a year ago. Net profit was INR 6,417.1 million or INR 11.12 per basic and diluted share before and after extraordinary items compared with INR 4,288.6 million or INR 7.75 per basic and diluted share before and after extraordinary items for the same period a year ago. Return on assets (annualized) was 0.39% compared to 0.29% a year ago.

Andhra Bank, Board Meeting, May 29, 2015

Andhra Bank, Board Meeting, May 29, 2015. Agenda: To approve consolidated financial results for the year ended March 31, 2015.


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