Andhra Bank Q1 net up 89.27% at Rs 202.52 crore

Andhra Bank on Saturday reported a 89.27 percent jump in Net profit at Rs 202.52 crore for the first quarter ended June 30, 2015, on improved asset quality.

Petrol bomb hurled at Andhra Bank, no casualties

Unidentified motorcycle-borne men on Friday hurled a petrol bomb at an Andhra Bank branch here, police said.

Andhra Bank Q4 profit jumps over twofold to Rs 185 crore

The public sector bank had posted a net profit of Rs 88.08 crore in the same period last financial year, it said in a filing to the BSE.

Andhra Bank fixes Rs 90.69/share price for pref issue to govt

State-owned Andhra Bank today said the issue price for the proposed preferential allotment of equity to government has been fixed at Rs 90.69 per share.

Andhra Bank Q3 Net up over 4-fold to Rs 202 crore on higher income

Andhra Bank Q3 Net up over 4-fold to Rs 202 crore on higher income

"Total income has increased from Rs 3,900.54 crore for the quarter ended December 31, 2013 to Rs 4,540.61 crore for the quarter ended December 31, 2014," the bank said in a filing to the BSE.

Coimbatore Zone aims to achieve Rs 5,000 crore business

The Coimbatore Zone of Andhra Bank aims to achieve a business level of Rs 5,000 crore by the end of this fiscal, a top bank official on Monday said.

Andhra Bank launches saving schemes for children, teenagers

The Andhra Bank here launched two schemes on Friday to encourage saving among children from an early age.

Andhra CM urges banks to adopt Cyclone Hudhud-affected villages

Andhra Pradesh Chief Minister N Chandrababu Naidu asked banks on Friday to adopt a village each in Cyclone Hudhud-hit north coastal districts of the state and rebuild them.

Andhra Bank net jumps 2-fold at Rs 144 crore in Jul-Sept qtr

Public sector Andhra Bank's net profit more than doubled to Rs 144.49 crore in the second quarter ended September 31, 2014-15 on higher income from retail banking operations.

RBI penalises ICICI Bank, Canara Bank, Yes Bank & 9 others

ICICI Bank, Axis Bank, Canara Bank, IDBI Bank, Yes Bank and seven other banks have been penalised in the case of Deccan Chronicle Holdings, the RBI said today.

Asia shares slip after Wall Street losses, weak Europe data

Asian markets were mixed Friday following another sell-off on Wall Street and worse-than-expected eurozone data while Mumbai hit a record high on expectations pro-business candidate Narendra Modi will become India`s next prime minister.

Andhra Bank CMD opens 2,000th branch at Lotos Landmark

Speaking on the occasion, he said that the bank had 2,000 branches across the country, besides 1,723 ATMs.

Andhra Bank Q1 Net down by 36% to Rs 231 cr

Public sector lender Andhra Bank on Wednesday said its net profit declined by 36 percent to Rs 231 crore for the first quarter ended June 30, 2013, on account of higher provisioning towards non-performing assets.

Andhra Bank Q4 net profit up marginally at Rs 345 crore

Andhra Bank on Thursday reported a marginal jump of 1.5 percent in net profit at Rs 345 crore for the fourth quarter ended March 31, 2013.

Andhra Bank official arrested for sending defamatory emails

A chief manager of a public sector bank was arrested from Vijayawada for allegedly sending highly "derogatory and defamatory" emails making false allegations against top Andhra Bank officials.

Andhra Bank cuts minimum lending rate by 0.25%

State-owned Andhra Bank Tuesday reduced its benchmark lending rates by 0.25 percent to 10.25 percent, making home, auto and corporate loans cheaper for borrowers.

Andhra Bank Q3 profit declines 15% at Rs 257 cr

Andhra Bank Thursday reported 15.2 percent decline in net profit to Rs 257.09 crore for the third quarter ended December 2012 due to higher provisioning for bad loans.

Andhra Bank Q2 net down 3% at Rs 325.63 crore

Andhra Bank on Tuesday posted a 3 percent decline in net profit at Rs 325.53 crore for the second quarter ended September 30, 2012.

Andhra Bank cuts interest rates on retail loans

Andhra Bank has slashed its interest rates on retail loans, a top bank official said Wednesday.

Andhra Bank Apr-Jun qtr down 6% on high deposit cost

The bank's total income during the first quarter rose to Rs 3,357.22 crore, up from Rs 2,851.18 crore over the same period last fiscal.