Andhra Bank is in Bank - Public. It was incorporated in year 1923. The current market capitalisation stands Rs 5238 Cr. The company is listed on the Bombay Stock Exchange (BSE) with the BSE code as 532418. and also listed on National Stock Exchange (NSE) with NSE code as ANDHRABANK.
Andhra Bank provides a range of banking products and services in India. The operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers deposit products, including savings and current accounts, and term deposits; and loans, such as housing, vehicle, educational, personal, professional, property overdraft and term, and reverse mortgage loans, as well as loans against gold, rent receivables, National Savings Certificates, Kisan Vikas Patra, life insurance policies, and other securities. The also provides credit facilities comprising working capital finance, export import finance, working capital demand loans, bill finance, project and infrastructure finance, term finance, corporate loans, equipment finance, bridge loans, advances against share deposits, bank guarantees, and letters of credit, as well as forward contracts. In addition, it offers credit, debit, and prepaid cards; DMAT services; payment services; life, non-life, and health insurance products; mutual funds; project appraisal and loan syndication services; NRI banking services; and services to micro, small, and medium enterprises. Further, the provides credit for agriculture activities; women empowerment schemes; and various special schemes; and Internet and mobile banking services, as well as operates rural self-employment training institutes. As of March 31, 2017, it had 2,911 branches; 4 extension counters; 34 satellite offices; and 4,009 ATMs/BNAs/CRs in 26 states and 3 union territories, as well as 1 representative office at Dubai. The was founded in 1923 and is headquartered in Hyderabad, India.
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