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Andhra Bank - Company News

BSE   24 May 18 | 09:45 AM

35.75 -0.6 (-1.65%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 532418
Face Value: 10

NSE   24 May 18 | 09:39 AM

35.90 -0.4 (-1.1%)
Mkt Price (Rs)   Chg Rs (Chg %)
1 Week : Rs 35.35 (1.13%)
1 Month : Rs 38.25 (-6.54%)
1 Year : Rs 58.50 (-38.89%)
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  • 06 Aug 16
    04:18 PM
    Andhra Bank on Saturday reported a steep 84.64 per cent drop in net profit at Rs 31.09 crore for the quarter ended June, 2016 under the impact of a rise in fresh slippages. The bank's net profit was Rs 202 crore in the corresponding quarter previous year.
  • 05 Jan 16
    04:04 PM
    Andhra Bank has announced it is launching Immediate Payment Service (IMPS) across branches to provide inter-bank electronic transfer service, capable of processing person to account remittances.
  • 10 Nov 15
    12:24 AM
    Andhra Bank on Monday offered to sell Rs 1,388 crore of bad debt to asset restructuring companies (ARCs).The bank has put out an advertisement inviting expressions of interest from interested ARCs to take over this principal, spread across 29 accounts.
  • 07 Nov 15
    04:52 PM
    Andhra Bank net profit jumped 74 per cent at Rs 251.26 crore for the quarter ended September 2015, driven by more profitable retail and SME loans among other factors.
  • 30 Sep 15
    12:40 AM
    State Bank of India (SBI) and Andhra Bank have become the first lenders to reduce their base rate after the Reserve Bank of India (RBI) cut the repo rate further by 50 basis points (bps) on Tuesday.
  • 19 Aug 15
    05:02 PM
    State-run Andhra Bank plans to raise Rs 3,000 crore through various instruments including Qualified Institutional Placements as part of meeting its capital requirement, a top official said today.
  • 04 Aug 15
    12:32 AM
    Most public sector banks are eagerly looking forward to the allocation of capital infusion, which the finance ministry said last week. However, Andhra Bank is not one of them. Reason: It has enough cushion to meet its growth targets this financial year.
  • 26 Jul 15
    12:59 AM
    Andhra Bank has reported a net profit of Rs 202.52 crore for the quarter ended June 2015, an increase of 89.27 per cent over a net profit of Rs 107 crore in the corresponding quarter last year.
  • 25 Jul 15
    02:22 PM
    Andhra Bank today reported a 89.27% jump in net profit at Rs 202.52 crore for the first quarter ended June 30, 2015, on improved asset quality.It had reported a net profit of Rs 107 crore in the corresponding period of the previous fiscal.
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