Andhra Bank is a medium-sized public sector bank (PSB) of India. The Government of India owns 63.97% of its share capital as on 31 Dec 2015. Andhra Bank is a pioneer in introducing Credit Cards in
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Andhra Bank is a medium-sized public sector bank (PSB) of India. The Government of India owns 63.97% of its share capital as on 31 Dec 2015. Andhra Bank is a pioneer in introducing Credit Cards in the country in 1981.
Andhra Bank has ranked No.1 in terms of number of Life Insurance Policies mobilised amongst all the agency banks dealing with the Life Insurance Corporation of India. On 1 April, 2020 the company was amalgamated into Union Bank of India.