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Andhra Bank gets nod to amalgamate with Union Bank of India

16 Sep 2019 Evaluate

Andhra Bank has received approval for the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India as the Anchor Bank. The Board of Directors of the bank at its meeting held on September 13, 2019 has approved the same.

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 982.50
PNB 116.70
Bank Of Baroda 235.25
Canara Bank 124.95
Union Bank Of India 180.00
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