SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Andhra Bank generates Rs 40 crore business in Hyderabad housing loan mela

23 Jan 2013 Evaluate

Andhra Bank, a public sector lender has generated a business worth Rs 40 crore in a two-day housing loan mela and property show held on January 19 and 20 in Hyderabad. In this property show housing loans were offered at 10.50% interest rate on loans for Rs 10 lakh to Rs 30 lakh while 10.75% was the rate of interest for loan above Rs 30 lakh. The bank has given on the spot approvals for loan applications covering 169 branches of banks located in the two zones of the State capital during the event.

The bank has registered marginal rise of 3.07% in its net profit at Rs 325.83 crore for second quarter ended September 30, 2012 as compared to Rs 316.12 crore in the corresponding month previous year. The total income of the bank has also increased by 15.45% to Rs 3417.62 crore for the quarter under review as compared to Rs 2960.32 crore in the same month last year. 

Andhra Bank-Amalgama Share Price

15.55 0.00 (0.00%)
19-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×