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  • Amrapali Capital And Finance Services sells 53.64 lakh shares of Andhra Bank Mar 31, 2017 08:39 AM IST

    Amrapali Capital And Finance Services sells 53.64 lakh shares of Andhra Bank

  • Andhra Bank to get capital infusion of Rs 1,100 cr from govt Mar 21, 2017 08:35 AM IST

    Andhra Bank to get capital infusion of Rs 1,100 cr from govt

    The bank will put up the matter at its board meeting for consideration, Andhra Bank said in a stock exchange filing.

  • IndiaFirst eyes to collect Rs 2-K crore premium by March end Feb 24, 2017 08:28 PM IST

    IndiaFirst eyes to collect Rs 2-K crore premium by March end

    IndiaFirst Life Insurance is looking at achieving overall premium of Rs 2,000 crore by March-end from Rs 1,750 crore at present, a top company official said here.

  • Sell Andhra Bank; target of Rs 37: Arihant Capital Feb 17, 2017 10:52 AM IST

    Sell Andhra Bank; target of Rs 37: Arihant Capital

    Arihant Capital is bearish on Andhra Bank has recommended sell rating on the stock with a target price of Rs 37 in its research report dated February 13, 2017.

  • Andhra Bank Q3 net jumps 65% at Rs 56.70 cr Feb 09, 2017 05:10 PM IST

    Andhra Bank Q3 net jumps 65% at Rs 56.70 cr

    Public sector Andhra Bank today reported 65 per cent jump in net profit to Rs 56.70 crore for December quarter of the current fiscal on higher treasury income even as bad loans rose substantially.

  • Andhra Bank launches cashless transaction with Aadhar number Jan 16, 2017 04:50 PM IST

    Andhra Bank launches cashless transaction with Aadhar number

    PSU lender Andhra Bank today announced the launch of a new initiative for cashless transactions through mobile phones for which only the Aadhar number is required.

  • Banks cut base rates; home loans to be cheaper Jan 03, 2017 04:00 PM IST

    Banks cut base rates; home loans to be cheaper

    Taking a cue from State Bank of India, other lenders including India‘s largest private sector lender ICICI Bank and state-owned Oriental Bank of Commerce and Andhra Bank, have announced cuts in their marginal cost &#82

  • ICICI Bank cuts lending rate by 0.7% Jan 03, 2017 08:28 AM IST

    ICICI Bank cuts lending rate by 0.7%

    The bank has reduced marginal cost of funds based lending rate (MCLR) by 0.7 percent to 8.20 percent for 1-year tenure, ICICI Bank said in a statement.

  • Banks cut base rates; home, corporate loans to be cheaper Jan 03, 2017 07:42 AM IST

    Banks cut base rates; home, corporate loans to be cheaper

    Taking a cue from State Bank of India, other lenders including largest private sector lender ICICI Bank and state-owned Oriental Bank of Commerce and Andhra Bank announced cut in marginal cost of funds based lending rate (MCLR).

  • Lower interest rates on home loans to boost demand Jan 03, 2017 07:42 AM IST

    Lower interest rates on home loans to boost demand

    Banks are cutting lending rates after spurt in deposits following demonetisation of old high denomination currency notes of Rs 500/1,000.

  • Govt gives one-time relaxation to banks to submit CLCSS claims Jan 02, 2017 08:28 PM IST

    Govt gives one-time relaxation to banks to submit CLCSS claims

    Government has given a one-time relaxation to banks for submission of online applications for claims under Credit Linked Capital Subsidy Scheme (CLCSS), due to their heavy workload post demonetisation.

  • Andhra Bank to give Rs 1300-cr loan for irrigation project Dec 15, 2016 09:14 PM IST

    Andhra Bank to give Rs 1300-cr loan for irrigation project

    Andhra Bank MD Suresh Patel today formally handed over the acceptance letter in this regard to Chief Minister K Chandrashekhar Rao, it said.

  • MMTC to tie-up with SBI to sell gold coin Dec 05, 2016 08:12 AM IST

    MMTC to tie-up with SBI to sell gold coin

    The state-run bullion trader, which has already tied up with over half a dozen banks, has so far sold one lakh pieces of "Indian Gold Coin" and has set a target of selling 5 lakhs units in the next few years. The coin is available in denominations of 5gm, 10gm and 20 gm bar.

  • Ola teams up with SBI, PNB for setting up mobile ATMs Nov 27, 2016 02:00 PM IST

    Ola teams up with SBI, PNB for setting up mobile ATMs

    With banks and ATMs not being able to cope with the rush for access to lower denomination or new currency after old Rs 500 and 1,000 notes were banned, cash dispensing through swipe of debit cards at POS machines was introduced at around 3,700 petrol pumps.

  • Hold Andhra Bank; target of Rs 57: SPA Research Nov 21, 2016 06:54 PM IST

    Hold Andhra Bank; target of Rs 57: SPA Research

    SPA Research recommended hold rating on Andhra Bank with a target price of Rs 57 in its research report dated November 21, 2016.

  • Pay I-T dues in advance to avoid last minute rush, RBI advises Nov 17, 2016 06:36 PM IST

    Pay I-T dues in advance to avoid last minute rush, RBI advises

    Reserve Bank has asked income tax assessees to pay their dues in advance for December quarter and has designated a total of 29 banks at which the payments can be done.

  • Andhra Bank Q2 net slumps 80% on higher NPA provisioning Nov 11, 2016 03:48 PM IST

    Andhra Bank Q2 net slumps 80% on higher NPA provisioning

    Provisioning for bad loans increased to Rs 956.81 crore, up 82 percent from Rs 524.86 crore in the second quarter of the last fiscal, Andhra Bank said in a BSE filing.

  • SBI, OBC, Allahabad Bank to get astro support: Satish Gupta Nov 11, 2016 09:48 AM IST

    SBI, OBC, Allahabad Bank to get astro support: Satish Gupta

    Banks stocks like SBI, Syndicate Bank, OBC, Allahabad Bank, Central Bank and Andhra Bank will get astro support, says Satish Gupta of Astrostocktips.

  • Pay income tax dues in advance to avoid last minute rush: RBI Nov 03, 2016 09:08 AM IST

    Pay income tax dues in advance to avoid last minute rush: RBI

    RBI said remitting I-T dues towards the end of December every year becomes too far heavy and makes difficult for it to cope with the pressure of issuing receipts despite opening additional counters to the maximum extent possible.

  • MMTC ties up with banks to sell Indian Gold Coin Oct 27, 2016 01:36 PM IST

    MMTC ties up with banks to sell Indian Gold Coin

    The coins are currently available at all MMTC outlets across India along with select branches of seven banks - Indian Overseas Bank, Vijaya Bank, Federal Bank, Yes Bank, Andhra Bank, ICICI Bank and HDFC Bank, a finance ministry statement said.

  • Govt has sought report on debit card data compromise: Jaitley Oct 21, 2016 02:42 PM IST

    Govt has sought report on debit card data compromise: Jaitley

    The government has asked RBI and banks to provide details of the data breach and also banks' preparedness to deal with cyber crimes.

  • Stocks in news: SBI, DCB, NIIT Tech, Resonance Specialities, JSW Oct 17, 2016 08:01 AM IST

    Stocks in news: SBI, DCB, NIIT Tech, Resonance Specialities, JSW

    SBI | Essar Oil | DCB Bank | NIIT Technologies | Jay Bharat Maruti | CRISIL | DCM | Fortis Healthcare | Inox Leisure | Ujaas Energy | Resonance Specialities | Mawana Sugar | NDTV and JSW Steel are stocks, which are in the news today.

  • Hit by NPAs, Andhra Bank Q1 net profit nosedives 85% Aug 08, 2016 07:38 AM IST

    Hit by NPAs, Andhra Bank Q1 net profit nosedives 85%

    Gross non-performing assets (NPAs) for the quarter almost doubled to Rs 14,137.27 crore, from Rs 7,237.59 crore a year earlier. Net NPAs also more than doubled to Rs 8,147.41 crore as against Rs 3,650.22 crore in the year-ago period.

  • 'Subbarao has done grave injustice to his political masters' Jul 20, 2016 02:48 PM IST

    'Subbarao has done grave injustice to his political masters'

    Noting that the RBI has always been independent, Ramesh argued that the elected government of the day is answerable to the people of the country, while the central bank is not.

  • Stocks in news: Axis, L&T, M&M, Hero, Cadila, Kwality, Jai Corp Jul 13, 2016 08:01 AM IST

    Stocks in news: Axis, L&T, M&M, Hero, Cadila, Kwality, Jai Corp

    HDFC | Axis Bank | L&T | M&M | Sun Pharma | Hero MotoCorp | Cadila Healthcare | Datamatics Global | Kwality | Birla Ericsson | Mcleod Russel | Jaiprakash Power | IFGL Refractories | Bhushan Steel | Digjam | Jai Corp | Reliance Industrial Infra and Ruchi Soya Industries are stocks, which are in the news today.

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