Tag Archives: Andhra Bank
IndiaFirst Life insurance has launched IndiaFirst Money Balance Plan
A recent press report said that the private insurer IndiaFirst Life Insurance has launched Money Balance Plan, a new life insurance plan that provides insurance cover on life and also an additional benefit to earn and secure returns on the invested money. IndiaFirst Life Insurance is a joint venture between two large public sector banks… Read More »
Andhra Bank has launched prepaid gift, international travel cards
A recent press report said that Andhra Bank has launched prepaid gift and international travel cards. Reports said that the prepaid gifts card is available in denominations between Rs. 250 and Rs 50,000 and can be bought at no additional charge. The customer requires gifts cards valued beyond Rs 20,000 select Know Your Customer (KYC)… Read More »
Andhra Bank Has Recorded 30% Increase in Its Net Profit
A recent press report said that Andhra Bank’s net profit has increased 30.42 per cent at Rs 313 crore in the fourth quarter ended March 31, 2011, compared with Rs 240 crore in the year-ago period.The net interest income (NIM) of the bank has gone up by Rs 861 crore, registering a 31 per cent… Read More »
Chaitanya Godavari Grameena Bank – Education Loan
Chaitanya Grameena Bank and Godavari Grameena Bank sponsored by Andhra Bank merged to form a single Regional Rural Bank with its Head Office at Guntur, Andhra Pradesh. Chaitanya Godavari Grameena Bank was thus established on 01.03.2006. Purpose: This education loan finances higher studies in India and abroad. Eligibility: The applicant must be an Indian citizen of… Read More »
Chaitanya Godavari Grameena Bank – Two-wheeler Loan
Government of India, Ministry of Finance announced the amalgamation of Chaitanya Grameena Bank and Godavari Grameena Bank sponsored by Andhra Bank into a single Regional Rural Bank with its Head Office at Guntur, Andhra Pradesh. The bank was thus established on 01.03.2006. The Head Office of the new Bank is situated at Guntur, Andhra Pradesh. The bank ownership is shared between… Read More »
Chaitanya Godavari Grameena Bank – Loans for Professionals and Self Employed Persons
Chaitanya Grameena Bank and Godavari Grameena Bank sponsored by Andhra Bank merged into a single Regional Rural Bank on 01.03.2006 to form Chaitanya Godavari Grameena Bank with its Head Office at Guntur, Andhra Pradesh. Purpose: This loan finances purpose of purchasing equipment, repairing or renovating existing equipment and /or acquiring and repairing business premises or for purchasing tools and/or working… Read More »
Chaitanya Godavari Grameena Bank – Farm Mechanization Loan
Government of India, Ministry of Finance announced the amalgamation of Chaitanya Grameena Bank and Godavari Grameena Bank sponsored by Andhra Bank into a single Regional Rural Bank with its Head Office at Guntur, Andhra Pradesh. The bank was thus established on 01.03.2006. The Head Office of the new Bank is situated at Guntur, Andhra Pradesh. The shares of the bank are… Read More »
Chaitanya Godavari Grameena Bank – Produce Loans
Government of India, Ministry of Finance announced the amalgamation of Chaitanya Grameena Bank and Godavari Grameena Bank sponsored by Andhra Bank into a single Regional Rural Bank with its Head Office at Guntur, Andhra Pradesh. The bank was thus established on 01.03.2006. The Head Office of the new Bank is situated at Guntur, Andhra Pradesh. The bank ownership is shared between… Read More »
Chaitanya Godavari Grameena Bank – Loan for Retail Traders
Government of India, Ministry of Finance announced the amalgamation of Chaitanya Grameena Bank and Godavari Grameena Bank sponsored by Andhra Bank into a single Regional Rural Bank with its Head Office at Guntur, Andhra Pradesh. Chaitanya Godavari Grameena Bank was thus established on 01.03.2006. The Head Office of the new Bank is situated at Guntur, Andhra Pradesh. The bank ownership is… Read More »