Andhra Bank

Andhra Bank was a major public sector bank in India. Established in 1923, it served a vast customer base across the country, offering a wide range of banking and financial services including deposit accounts, loans (personal, home, agricultural, and commercial), remittances, investment products, and more. It played a significant role in the financial development of Andhra Pradesh and other regions, supporting businesses and individuals. In 2020, Andhra Bank merged with Union Bank of India, ceasing to exist as an independent entity. Its operations and assets were integrated into Union Bank of India.

Its headquarters were located in Hyderabad, Telangana, India.

Prior to the merger with Union Bank of India, Andhra Bank employed a significant number of people across its extensive branch network. The precise employee count varied over the years, and exact figures are not consistently available in public domain. Following the merger, it no longer exists as a separate entity.

About Us

- Andhra Bank, founded to serve the Madras Presidency, significantly contributed to India's socio-economic development by supporting agriculture, small-scale industries, and rural growth. - For almost 100 years, it adapted to economic changes, offered innovative products, prioritized customer satisfaction, and upheld responsible banking. - The bank's legacy is defined by its commitment to inclusive growth and financial inclusion, serving underprivileged communities. - Its individual identity is now integrated into Union Bank of India following a merger.

Vision

Similar to the mission, a publicly available vision statement for Andhra Bank post-merger is unavailable. Its likely vision would have focused on becoming a leading provider of banking services in its operating regions, consistently improving customer experience, and contributing meaningfully to the national economy through responsible and sustainable banking practices.

Mission

While a specific, formally stated mission statement for Andhra Bank as a standalone entity is not readily available publicly after the merger, its implied mission would have been centered around providing comprehensive banking and financial services to a diverse customer base, promoting financial inclusion, and supporting economic growth across India, with a particular focus on the regions it served.

Culture

- Andhra Bank's culture, post-merger, likely blended professionalism and customer-centricity within a public sector framework. - It likely prioritized employee empowerment, regulatory compliance, and ethical conduct.

Specialties & Industries

Andhra Bank's specialties included a broad portfolio of banking products tailored to meet the needs of diverse customer segmentsranging from individuals to businessesacross both rural and urban areas. Agricultural lendingretail bankingand supporting small and medium-sized enterprises were likely key areas of focus.Financial ServicesB2CB2BPublic CompanyEnterprise

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