Andhra Bank: Latest News and Updates, Top Stories, Videos, Photos About Andhra Bank

Merger Of 8 PSU Banks Comes Into Effect From April 1: Here’s All You Should Know And Do

Eight PSU Banks namely Vijaya Bank, Corporation Bank, Andhra Bank, Syndicate Bank, Oriental Bank of Commerce, United Bank of India,Allahabad Bank and Dena Bank will see merger coming into effect from April 1, 2021. So, if you are a customer of ...

What Will PSB Mergers Mean For Customers, Employees And Shareholders?

With a motive to strengthen the public sector banking (PSB) business, Finance Minister Nirmala Sitharaman, on Friday, announced the consolidation of 10 PSBs into 4. These mergers will take time to be implemented, however, stakeholders of the decision, that is, the customers, ...

Govt Mulls Over Merging PNB, OBC And Andhra Bank: Report

As per the report by leading daily, after announcing the merger of 3 state-run banks namely BOB, Vijaya and Dena Bank, government by the end of this year is likely to announce another PSU Bank merger. This time the three ...

Andhra Bank Ex-official Arrested in Loan Fraud Case

The Enforcement Directorate (ED) has arrested former director of Andhra Bank in a Rs 5,000 crore bank fraud case involving Gujarat based pharmacy firm, reported PTI. Anup Prakash Garg was arrested on Friday evening. This has been the second arrested in ...

Andhra Bank Cuts Base Rate By 0.15% to 9.55%

State-owned Andhra Bank on Wednesday said it has cut the base rate by 0.15 per cent to 9.55 per cent from October 1. "The base rate of the bank has been revised from 9.70 per cent to 9.55 per cent with ...

Markets End Lower; PSU Banking Stocks Fall

Benchmark indices ended the day lower, even as global markets were firm, as profit booking in select stocks dragged the Sensex and the Nifty lower. The Sensex ended lower by 74.59 points, as most Asian markets were dragged down by ...

Attractively Valued Stocks To Buy In A Falling Market

Markets have fallen almost 10 per cent from their recent highs, although they recovered a little on Friday. Here are a few stocks that look attractive from the medium to long term perspective. Andhra Bank SPA is bullish ...

These Brokerages Are Bullish On Andhra Bank And Here’s Why

Reputed brokerage firm Motilal Oswal and Arihant Capital Are Bullish On Andhra Bank. While Motilal Oswal has set a price target of Rs 120 on the stock, Arihant Capital has set a target of Rs 90. The stock last closed ...

Sensex, Nifty end higher as US Fed promises lower interest for considerable time

Shares prices in India rallied with the Sensex reclaiming the 27,000 points after the US Federal Reserve promised to keep interest rates lower for a extended time. The Sensex ended the day higher by 480 points, while the Nifty rallied ...

Looking for good dividend yields in India? Try these 5 government banking stocks

Government banks in India have traditionally provided good dividend yields. Over the last six months the stock prices of government banks have rallied, pushing yields lower. However, the stock prices have reacted a little in the last few weeks ...

Sensex, Nifty end higher; IT stocks rally

The Sensex and the Nifty ended the day higher led by strong gains in select IT stocks like TCS and Wipro. The Sensex closed the day higher by 80 points, while the Nifty closed the day higher by 23 points. ...

Sensex, Nifty trade flat; Mid cap gains ground

The Sensex and the Nifty were trading little changed over Tuesday's levels with the Sensex up 52 points, while the Nifty gaining 14 points in trade at 7343 points. Among the early gainers from the Nifty were Bhel, Larsen and ...

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