Andhra Bank opens its 41st branch at Dubba in Telangana

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

30 Nov 2015 Evaluate

Andhra Bank has opened its 41st branch at Dubba, in Karimnagar District of Telangana State. It is the sixth branch in the town and two more branches in the district and three in Medak would be opened soon.

The bank has reported 73.89% rise in its net profit at Rs 251.26 crore for the quarter ended September 30, 2015 as compared to Rs 144.49 crore for the same quarter in the previous year. The bank’s total income has increased by 7.25% to Rs 4744.16 crore for the quarter under review from Rs 4423.62 crore for the corresponding quarter of the previous year.

Peers

Company Name	CMP
State Bank Of India	978.50
PNB	117.05
Bank Of Baroda	234.55
Canara Bank	125.90
Union Bank Of India	179.25
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