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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.
It had its headquarters in Hyderabad, Telangana, India. Along with Corporation Bank, Andhra Bank was merged with Union Bank of India in April 2020. The government of India owned 90.85% of its share capital as of 31 March 2019. The state-owned Life Insurance Corporation held 7.80% of the shares.
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.
ANDHRA BANK Branches, All Branch Addresses, Phone, IFSC code, MICR code, Find IFSC, MICR Codes, Address, All Bank Branches in India, for NEFT, RTGS, ECS Transactions
Andhra Bank Detailed director reports covering Andhra Bank Financial Results and Performance report.
Mar 31, 2020 · A part of the Central government plan to create four larger banks by merging 10, the move will see Andhra Bank over time coming to be identified as Union Bank of India.
Apr 1, 2020 · "As of today, all employees, customers and branches of Andhra Bank and Corporation Bank will become part of the Union Bank of India family," it added. The amalgamation will also strengthen the bank's footprint in southern India with considerable market share in this region, the Mumbai-headquartered lender said.
ANDHRA BANK FD calculator online - Calculate ANDHRA BANK fixed deposit Interest rate using ANDHRA BANK Fixed Deposit calculator 2023. Check ANDHRA BANK FD rate of interest and calculate FD final amount via ANDHRA BANK FD Calculator on The Economic Times.
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