SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Andhra Bank raises Rs 1,000 crore on private placement basis

25 Oct 2017 Evaluate

Andhra Bank has issued Unsecured Fully paid Up Non-convertible Redeemable Basel-III Compliant 7.98% Tier-2 Bonds (Series-D) in the nature of Debentures for an amount of Rs 1000 crore on private placement basis.

The said issue was opened for subscription from October 24, 2017 and closed on October 24, 2017. The Bank has received subscriptions of Rs 1000 crore towards the subject bonds issue. The deemed date of allotment was fixed as October 24, 2017.

Andhra Bank offers a wide range of services such as Retail banking, Agriculture, MSME, Corporate, NRI services and Personal banking services etc.

Andhra Bank-Amalgama Share Price

15.55 0.00 (0.00%)
19-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×