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Andhra Bank to get capital infusion of Rs 3,256 crore from Govt

22 Feb 2019 Evaluate

Andhra Bank has received a communication from Government of India regarding sanction of its capital infusion of Rs 3,256 crore towards contribution of the Central Government in the preferential allotment of equity shares (Special Securities/Bonds) of the Bank during the financial year 2018-19.

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

Peers
Company Name CMP
State Bank Of India 1078.20
PNB 139.65
Bank Of Baroda 274.05
Canara Bank 131.55
Union Bank Of India 201.90
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