Andhra Bank’s board has approved the proposal of raising of equity capital of the bank by way of preferential allotment of shares to Government of India (GoI), to an extent of Rs 200 crore. The Board of Directors at its meeting held on January 30, 2020 has considered and 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.