Andhra Bank has opened its new branch at Khajaguda in Telangana. With this, the bank’s branch network has grown to 2500. This new Branch is under the Navshakti project which would also attract the new generation customers with its good ambience and visibility and 24/7 anytime banking centre.
Andhra Bank reported over four fold rise in its net profit at Rs 201.71 crore for the quarter ended December 31, 2014 as compared to Rs 45.57 crore for the same quarter in the previous year. Total income of the bank increased by 16.41% at Rs 4540.61 crore for quarter under review as compared to Rs 3900.54 crore for the quarter ended December 31, 2013.
