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A subsidiary of the Uniopn Bank of India, Andhra Bank Financial Services Limited was established in 1991 to do leasing and hire-purchase business.
Bank has introduced 3 Factor Authentication (FA) to enhance the security features of your accounts, one time registration for the same is mandatory. Challenge Question Enrollment by user [PDF file].
Andhra Bank was a medium-sized public sector bank (PSB) of India, with a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines (ATMs) as of 31 March 2019. [2] During 2011–12, the bank entered the states of Tripura and Himachal Pradesh. It operated in 25 states and three union territories.
Aug 30, 2019 · As part of the mega-merger plan, Andhra Bank and Corporation Bank will be merged with Union Bank of India. In a media briefing, Sitharaman said, the combined entity will be the fifth-largest...
Apr 20, 2020 · Andhra Bank and Corporation Bank were merged into Union Bank of India on April 1 as a part of consolidation exercise in the country's banking space.
The Bank is a listed entity, and the Government of India holds 74.76 percent in Bank’s total paid-up capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company. On 1st April 2020, Andhra Bank and Corporation Bank were amalgamated into Union Bank of India.
Apr 1, 2020 · New Delhi: Union Bank on Wednesday said it has become the country's fifth largest public sector lender after amalgamating Andhra Bank and Corporation Bank into itself.
