Andhra Bank will receiv capital infusion of Rs 1,890 crore from the Government of India (GoI). This will help the bank in meeting regulatory capital requirement and supporting credit growth. The bank’s major focus will be on credit expansion to MSME sector which is the main driver for employment generation.
In addition, the bank is focusing on digital banking while financial inclusion continues to be the thrust area particularly in unbanked and under banked areas. Andhra Bank has also initiated steps to create better ambience at the branches for the customers.
Andhra Bank offers a wide range of services such as Retail banking, Agriculture, MSME, Corporate, NRI services and Personal banking services etc.
