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India's 8 Best Banks
By siliconindia
|
Tuesday, 22 November 2011, 01:36 IST
8. Andhra Bank:
With the total deposits of 92,156 Crore and operating profit of 
2,413 Crore, Andhra bank has been ranked eighth. Bhogaraju Pattabhi Sitaramayya, a renowned freedom fighter and a mastermind founded the bank. Andhra bank was registered in the year on November 20, 1923 and started their operations on November 28 of same year. The bank was started with a paid up capital of 1, 00,000 and sanctioned capital of 10 lakh. Around 1, 611 branches of this bank are spread in India and two branches in the foreign nations. R.Ramachandran is the chairman and the MD of the bank.
2,413 Crore, Andhra bank has been ranked eighth. Bhogaraju Pattabhi Sitaramayya, a renowned freedom fighter and a mastermind founded the bank. Andhra bank was registered in the year on November 20, 1923 and started their operations on November 28 of same year. The bank was started with a paid up capital of 1, 00,000 and sanctioned capital of 10 lakh. Around 1, 611 branches of this bank are spread in India and two branches in the foreign nations. R.Ramachandran is the chairman and the MD of the bank.
