Logo of Andhra Bank

Andhra Bank (Telugu: ఆంధ్రా బ్యాంకు) (Hindi: आंध्र बैंक) (BSE: 532418) is a medium-sized public sector bank (PSB), with a network of 2000+ branches, 15 extension counters, 38 satellite offices and 1563 automated teller machines (ATMs) as on 30 Nov 2013. During 2011–12, the bank entered the states of Tripura and Himachal Pradesh. The bank now operates in 25 states and three Union Territories.

The Government of India owns 58% of its share capital and is going to increase it to 62.14% by infusing INR2 billion (US$31 million) in capital.[2] The state owned Life Insurance Corporation of India holds 10% of the shares.[3] The bank has done a total business of INR2230 billion (US$35 billion) for the fiscal year ended 31 March 2013.

Andhra Bank is 100% CBS as on date. This will benefit the customers, who will have access to banking and financial services anytime, anywhere through multiple delivery channels. Andhra Bank is a pioneer in introducing Credit Cards in the country in 1981.[4]


Andhra Bank Building at Koti
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.