Andhra Bank to open two more e-banking zones in Andhra Pradesh

Andhra Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532418 | NSE: ANDHRABANK

22 Dec 2014 Evaluate

Andhra Bank, a public sector lender, has decided to open two more e-banking zones in Andhra Pradesh. The bank is opening these new e-banking zones to improve customer service. The bank had recently inaugurated its 94th branch at Arilova.

Andhra Bank has reported over two fold jump in its net profit at Rs 144.49 crore for the quarter ended September 30, 2014 as compared to Rs 70.65 crore for the same quarter in the previous year. Total income has increased by 15.88% at Rs 4423.62 crore for quarter under review as compared to Rs 3817.57 crore for the quarter ended September 30, 2013.

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