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A subsidiary of the Uniopn Bank of India, ABFSL was incorporated in 1991 for hire purchase and leasing activities. It stopped its business in 1992 and is maintained as a non-banking, non-financial institution.
This web page is for Union Bank of India customers who want to access online banking services. It has no information about Andhra Bank, which is a different public sector bank in India.
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...
Apr 20, 2020 · Learn how the merger of three public sector banks on April 1 affects your account numbers, IFSC codes, loans and ATM charges. The government aims to create four bigger and stronger banks from 12 public sector lenders.
Mar 31, 2020 · The iconic landmark for denizens of Hyderabad, Andhra Bank’s old headquarters in Koti, is set to get a makeover with a new name. Come April 1, it will be curtains for Andhra Bank as one...
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