Fri, Aug 30, 2019
Finance Minister Nirmala Sitharaman announced a mega-merger plan for public sector banks, with Union Bank of India, Andhra Bank and Corporation Bank getting merged into a single entity.
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Sun, Aug 11, 2019
Andhra Bank has invited application for the posts of Sub Staff. The interested candidates can apply through the prescribed format on or before 31 August 2019.
Wed, Feb 27, 2019
In Fitch’s view, the authorities' approach to the banking sector has clearly shifted towards spurring lending in recent months.
Thu, Feb 21, 2019
PSBs like PNB, Syndicate Bank, Bank of India, Bank of Maharashtra, Union Bank of India, Central Bank of India, Andhra Bank, Allahabad Bank, UCO Bank, Indian Overseas Bank, United Bank of India and Corporation Bank rose in the range of over 5% to nearly 19% on Dalal Street, making many investors rich.
Wed, Jul 25, 2018
The government will infuse Rs 2,816 crore in Punjab National Bank (PNB), Rs 1,790 crore in Allahabad Bank, Rs 2,019 crore in Andhra Bank, Rs 2,157 crore in Indian Overseas Bank and Rs 2,555 crore in Corporation Bank.
Andhra bank has received an amount of Rs 2,019 crore towards the contribution of the Central Government in the preferential allotment of equity shares of the Bank.
Wed, Jul 18, 2018
Indian Overseas Bank shares surged as much as 13.8 per cent to their highest since June 26. PNB share price gained as much 4.1 per cent to Rs 81.95 its highest in over 3 weeks, while Corporation Bank shares hit 4-week high rising as much as 10.1 per cent to Rs 28.95.
Mon, Mar 12, 2018
The Enforcement Directorate on Friday filed a supplementary prosecution complaint (charge sheet) against former Andhra Bank director Anup Prakash Garg in connection with a Rs 5,000 crore bank fraud involving the Vadodara-based Sterling Biotech Ltd (SBL) of the Sandesara group of companies.
Sat, Jan 13, 2018
This is the second arrest in the case after the agency in November last year held Delhi-based businessman Gagan Dhawan
Sun, Dec 03, 2017
Some banks have already got approval from the finance ministry while others are in the process of getting the green signal for raising capital either through private placement or the rights issue, they said.
Tue, Jun 27, 2017
Government is planning to reduce its stake Andhra Bank and Dena Bank through Qualified Institutional Placement.
Wed, Jan 04, 2017
Following several banks' rate cut moves in recent days, Andhra Bank has lowered its home loan rates across various tenors. The bank has revised marginal cost of funds based lending rate (MCLR) in the range of 8.45% to 8.65% for home loans with various tenors.
Tue, Jun 21, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Today's top seven corporate news: 1. Andhra Bank's board okays raising Rs 1,000 crore via bonds
Sun, May 29, 2016
With the addition, the total number of ATMs of public sector banks increased to 1,42,557 at March-end.
Thu, May 05, 2016
Paramount Airlines had started its operation in 2005 and was flying to South and Eastern part of India before it wound up its operation in 2010.
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