Andhra Bank has announced its fourth quarter results. The bank's Q4 net profit was up 30.41% at Rs 313 crore versus Rs 240 crore, year-on-year, YoY.
Its net interest income (NII) was up 16% at Rs 762 crore versus Rs 656 crore, YoY. In an interview with CNBC-TV18, R Ramachandran, Chairman, Andhra Bank says, the banks recorded a robust growth in advances of around 27.69% on year-on-year basis. He further says, the bankDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
