Andhra Bank has received an amount of Rs 2,019 crore towards contribution of the Central Government in the preferential allotment equity shares of the Bank. The said amount will remain in Share Application Money till all of shares on preferential basis to the Government of India after receipt of all requisite statutory/regulatory approvals including approval of shareholders.
Andhra Bank offers a wide range of services such as Retail banking, Agriculture, MSME, Corporate, NRI services and Personal banking services etc.
