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Latest News on Andhra Bank
Showing of 0 - 10 from 52 results
Andhra Bank - Total results - 52
Aug 31, 2019
Government announces plan to merge 10 PSBs to 4 to gain size: Eight questions on big bank merger exerciseIsn’t the consolidation plan going against the policy of Reserve Bank of India and government’s own idea to give more bank licenses to increase competition
May 21, 2019
PNB likely to take control of Allahabad Bank, two other PSBs; process may start in next 3 monthsPNB could start the process of taking control of the banks in the next three months, according to the sources, who declined to be named, as they are not authorised to speak to the media.
May 14, 2019
Bank loan fraud: Enforcement Directorate attaches Rs 483-cr assets of Kolkata-based Tayal group of companiesAssets worth Rs 483 crore of a Kolkata-based group have been attached by the ED in connection with an alleged multi-crore bank loan fraud case, officials said on Tuesday
May 09, 2019
Ten public sector banks in the dock for Antrix Diamond’s over Rs 450 cr NPA case; pre-sanction appraisal of firm not carried outThe company has filed a bankruptcy application with NCLT Mumbai, which has put a moratorium on any action by creditors against Antrix Diamond Exports till corporate insolvency resolution or approval of resolution plan by the bench.
May 02, 2019
Sterling Biotech: NCLT reserves order on bankruptcy withdrawal as Madison Pacific Trust challenges bankers' pleaThe NCLT asked the RP to explain on why he did not approach the bench after the proposal was rejected with 89 percent vote at the first meeting of the committee of creditors led by Andhra Bank.
Feb 20, 2019
Govt announces Rs 48,239 cr recapitalisation plan for 12 public sector banksThe finance ministry on Wednesday announced to pump in Rs 48,239 crore in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and finance growth plans
Nov 22, 2018
'Is parallel system running in jails?': Supreme Court frowns over 'special treatment' to Chandra brothersThe apex court also flagged the issue raised in recent media reports about use of mobile phones inside jails in several states, including Bihar.
Nov 06, 2018
Andhra Bank to divest stakes fully or partially in joint venture investments of ASREC India, India International Bank, IndiaFirst Life InsuranceAndhra Bank earlier last week reported a net loss of Rs 434 crore in the second quarter of this fiscal, which widened against Rs 385.11 crore loss in year ago same period.
Sep 25, 2018
Rs 5,000 crore bank fraud: CBI approaches Nigeria seeking information on fugitive businessman Nitin SandesaraThe move came after reports that Sandesara along with his family members, also accused in the scam, have fled from the United Arab Emirates to Nigeria
Sep 20, 2018
Narendra Modi govt appoints MDs, CEOs in 10 nationalised banks; five of them from SBIMrutyunjay Mahapatra and Padmaja Chundru, both deputy managing directors in State Bank of India (SBI), have been appointed as managing director and chief executive officer of Syndicate Bank and Indian Bank respectively,