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Andhra Bank (ADBK.NS)

ADBK.NS on National Stock Exchange of India

54.60INR
22 Mar 2017
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Rs54.60
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2,634,891
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Rs64.05
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Rs44.70

Latest Key Developments (Source: Significant Developments)

Andhra Bank Dec-qtr profit up about 64 pct
Thursday, 9 Feb 2017 04:41am EST 

Andhra Bank : Dec quarter net profit 566 million rupees versus net profit of 344.6 million rupees year ago . Dec quarter interest earned 44.09 billion rupees versus 44.22 billion rupees year ago . Dec quarter provisions 8.29 billion rupees versus 9.06 billion rupees year ago . Dec quarter gross NPA 11.88 percent versus 11.49 percent previous quarter .Dec quarter net NPA 6.98 percent versus 6.99 percent previous quarter.  Full Article

Andhra Bank says K Rayar designated as CFO
Tuesday, 10 Jan 2017 08:01am EST 

Andhra Bank :K Rayar, general manager is designated as the chief financial officer of the bank with effect from January 09.  Full Article

Andhra Bank says Notice of One Day Strike by All India Bank Officers Confederation (AIBOC) on February 29, 2016
Monday, 22 Feb 2016 01:36am EST 

Andhra Bank:Andhra Bank has informed BSE that the Bank have been informed by Indian Banks' Association vide their letter dated February 18, 2016 that All India Bank Officers Confederation (AIBOC) has given a strike Notice dated February 11, 2016.stating that the members affiliated to their Association would observe a one day strike on February 29, 2016 on various issues and demands.  Full Article

Andhra Bank says Notice of Strike by All India Bank Employees' Association (AIBEA)
Tuesday, 29 Dec 2015 07:07am EST 

Andhra Bank:Andhra Bank has informed BSE that the Bank have been informed by Indian Banks' Association that the General Secretary, All India Bank Employee Association (AIBEA) has served a notice of strike.stating that the members affiliated to the All India Bank Employees Association, working on various offices/ branches in India will observe one day strike on January 08, 2016 on various issues and demands.  Full Article

Andhra Bank Issue and allotment of equity shares to Government of India on preferential basis
Wednesday, 30 Sep 2015 06:29am EDT 

Andhra Bank:Announces issuance of 4,94,63,491 equity shares of 10 Indian Rupees each to Government of India on Preferential allotment basis at 76.42p Indian Rupees per equity share.  Full Article

Andhra Bank fixes book closure for dividend
Wednesday, 3 Jun 2015 07:47am EDT 

Andhra Bank:Says the Register of Members & Share Transfer Books of the Bank will remain closed from July 02 to July 07 (both days inclusive) for the purpose of Payment of Dividend & 15th Annual General Meeting (AGM) of the Company to be held on July 08.Further, the dividend pay out for the Financial Year 2014-15 is on July 17.  Full Article

Andhra Bank updates on leadership changes
Saturday, 2 May 2015 02:28am EDT 

Andhra Bank:Says that that Sri. C.V. R. Rajendran, chairman & managing director of the bank demitted the Office at the close of office hours from April 30, on superannuation.  Full Article

Andhra Bank recommends dividend
Monday, 27 Apr 2015 03:18am EDT 

Andhra Bank:Recommends a dividend of 2.00 Indian Rupees per share for the year 2014-15.  Full Article

Andhra Bank appoints statutory central auditors
Sunday, 5 Apr 2015 09:38pm EDT 

Andhra Bank:Appointed Nag & Associates, Prem Gupta & Co, V. Krishnan & Co, Basha & Narasimhan as Statutory Central Auditors for the year 2014-2015 as approved by Reserve Bank of India.  Full Article

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BRIEF-Andhra Bank to consider raising capital via preferential allotment to India govt

* Says to consider raising of equity capital of bank by way of preferential allotment to government of india