Edition:
India

Andhra Bank (ADBK.NS)

ADBK.NS on National Stock Exchange of India

9.05INR
18 Mar 2020
Change (% chg)

Rs-0.50 (-5.24%)
Prev Close
Rs9.55
Open
Rs9.35
Day's High
Rs9.60
Day's Low
Rs8.80
Volume
1,119,198
Avg. Vol
902,640
52-wk High
Rs33.65
52-wk Low
Rs7.65

Latest Key Developments (Source: Significant Developments)

India's Andhra Bank Posts Dec-Qtr Net Profit
Wednesday, 5 Feb 2020 

Feb 5 (Reuters) - Andhra Bank ::DEC QUARTER NET PROFIT 1.63 BILLION RUPEES VERSUS NET LOSS OF 5.79 BILLION RUPEES YEAR AGO.DEC QUARTER INTEREST EARNED 49.37 BILLION RUPEES VERSUS 47.97 BILLION RUPEES YEAR AGO.DEC QUARTER PROVISIONS AND CONTINGENCIES 11.54 BILLION RUPEES VERSUS 16.53 BILLION RUPEES YEAR AGO.DEC-QUARTER GROSS NPAS 17.26% VERSUS 16.91% LAST QUARTER.DEC QUARTER PROVISIONS FOR NPA 10.28 BILLION RUPEES VERSUS 17.9 BILLION RUPEES YEAR AGO.DEC QUARTER NET NPA 6.36% VERSUS 5.95% QUARTER AGO.SAYS PROVISION COVERAGE RATIO AS ON DEC 31, 2019 WAS 73.62%.  Full Article

Andhra Bank Approves Raising 2 Bln Rupees Via Issue Of Shares To India Govt
Thursday, 30 Jan 2020 

Jan 30 (Reuters) - Andhra Bank ::APPROVED PROPOSAL TO RAISE EQUITY CAPITAL VIA PREFERENTIAL ALLOTMENT OF SHARES TO INDIA GOVERNMENT TO EXTENT OF 2 BILLION RUPEES.  Full Article

India's Andhra Bank Sept Quarter Net Profit Of 701.9 Mln Rupees
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - Andhra Bank ::SEPT QUARTER NET PROFIT 701.9 MILLION RUPEES VERSUS NET LOSS OF 4.34 BILLION RUPEES LAST YEAR.SEPT QUARTER INTEREST EARNED 49.58 BILLION RUPEES VERSUS 47.55 BILLION RUPEES LAST YEAR.SEPT QUARTER PROVISIONS AND CONTINGENCIES 12.45 BILLION RUPEES VERSUS 15.62 BILLION RUPEES LAST YEAR.SEPT QUARTER PROVISIONS FOR NPA 10.69 BILLION RUPEES VERSUS 11.55 BILLION RUPEES LAST YEAR.SEPT QUARTER GROSS NPA 16.91% VERSUS 16.44% PREVIOUS QUARTER.SEPT QUARTER NET NPA 5.95% VERSUS 5.67% PREVIOUS QUARTER.  Full Article

SBI Says Stay Order For Liquidation Of Sterling Biotech Passed
Thursday, 13 Jun 2019 

June 13 (Reuters) - Andhra Bank ::ANDHRA BANK APPEALED AGAINST ORDER IN NCLAT WHEREIN STAY ORDER IN REGARD TO LIQUIDATION OF STERLING BIOTECH LTD HAS BEEN PASSED.  Full Article