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andhra bank

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PNB Q3
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
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
BSE Sensex, swan energy
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
raghuram rajan
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
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
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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‘Will use FCNR flows to retire high-cost deposits,’ says PNB MD & CEO Ashok Chandra
‘Will use FCNR flows to retire high-cost deposits,’ says PNB MD & CEO Ashok Chandra
Business1 hr ago

PNB’s MD & CEO Ashok Chandra reveals plans to attract $2.5 billion in FCNR(B) deposits and expand their NRI customer base. The bank is confident in achieving its target and has seen a 17% growth in current account deposits. PNB also aims to enter the wealth management business, but will not offer higher leverage for deposits.

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