andhra bank

Public sector banks see operating profit decline in Q3FY22

The management at PNB attributed the bank’s poor operational performance to the impact of a standstill on bad-loan recognition in…

February 16, 2022 00:30 IST

Andhra Bank net declines 15% at Rs 558 crore in 2015-16

Public sector Andhra Bank today reported a consolidated net profit of Rs 557.99 crore for the fiscal ended March 2016,…

May 30, 2016 22:39 IST

Public sector bank stocks fall after Crisil downgrade

The state-run banks whose ratings have been downgraded are Bank of India, Central Bank of India, Corporation Bank, Dena Bank,…

Updated: March 11, 2016 16:32 IST

Andhra Bank to sell bad loans worth Rs 1,388 cr; net up 74%

Andhra Bank is planning to sell bad loans worth about Rs 1,388.21 crore to asset reconstruction companies (ARCs), a newspaper…

November 10, 2015 00:19 IST

SBI slashes lending rate by 0.4% after RBI rate cut, loans become cheaper

In its fourth bi-monthly monetary policy for the current fiscal, RBI cut benchmark repurchase (repo) rate by 0.50 per cent…

Updated: September 29, 2015 17:47 IST

Andhra Bank Amaravathi Trade Fair-2015 inaugurated

Vijayawada East MLA G Ramamohan Rao today inaugurated the three-day Andhra Bank Amaravathi Trade Fair-2015 to mark the diamond Jubilee…

September 5, 2015 19:00 IST

Andhra Bank Q1 net up 89.27% at Rs 202.52 cr

Andhra Bank today reported a 89.27 per cent jump in Net profit at Rs 202.52 crore for the first quarter…

July 25, 2015 15:37 IST

Andhra Bank’s lower slippages key positive

Andhra Bank’s Q4FY15 PAT was at Rs 190 crore (2x y-o-y on a lower base), driven by healthy NIM, strong…

May 1, 2015 01:55 IST

Andhra Bank net rises 110% on interest income

Andhra Bank on Monday reported a 110% jump in net profit at Rs 185.24 crore in the March quarter driven…

April 28, 2015 02:56 IST

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

Public sector Andhra Bank’s net profit more than doubled to Rs 144.49 crore in the second quarter ended September 31,…

Updated: October 30, 2014 17:08 IST

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Gems & jewellery exports: UAE gains share as US loses ground

Policy38 min ago

Saikat Neogi reports that shipments of gems and jewellery to the US have been declining for four consecutive years. The decline was even more significant in FY26, with exports decreasing every month except for March. The US tariffs resulted in a 74% decrease in September, but the UAE quickly took over as a new market for exporters.

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