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Andhra Bank to get capital infusion of Rs 200 crore from GoI

30 Dec 2019 Evaluate

Andhra Bank has received communication from the Government of India (GoI), Ministry of Finance, Department of Financial Services regarding fresh capital infusion of Rs 200 crore towards contribution of the central government in the preferential allotment of equity shares (Special Securities/Bonds) of the bank during the financial year 2019-20, as government’s investment.

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 963.90
PNB 122.25
Bank Of Baroda 237.50
Canara Bank 120.05
Union Bank Of India 181.05
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