Andhra Bank has bagged an award for securing first place in exceptional contribution to Rural Self Employment Training Institutes (RSETI) for the year 2013-14. All 11 RSETIs of Andhra Bank have scored highest rating with AA grades. The Guntur RSETI has Scored 1st prize at all india level competition.
The bank has reported over two fold jump in its net profit at Rs 185.24 crore for the quarter ended March 31, 2015 as compared to Rs 88.08 crore for the same quarter in the previous year. Total income of the bank has increased by 15.80% at Rs 4699.16 crore for quarter under review as compared to Rs 4057.89 crore for the quarter ended March 31, 2014.