ANDHRA BANK

INTRODUCTION

Andhra bank was registered on 20th

November 1923 and commenced business
on 28th November 1923 with paid up
capital of Rs.1.00 lakh and unauthorized
capital of Rs.10.00 lakhs.
It was nationalized on 15th April 1980
Till now it has about 1544 branches
covering 23 states and 3 union territories.
 Founder

It was founded by the eminent freedom fighter

 Dr. Bhogaraju Pattabhi Sitaramayya.
Board of directors.
 Sri R .S. Reddy, Chairman and Managing
Director .
 Sri Anil Girotra , Executive Director.
 Smt. Madhulika P Sukul, Govt. of India
nominee Director.
 Sri B. Maheshwaran, RBI Nominee
Director.
 Sri V H Ramkrishnan, Director.
 Sri Prem Prakash Pareek, Director.
 Sri Anup Prakash Garg, Director.
 Corporate Identity
The Symbol of   Infinity denotes a Bank that is
prepared to do any thing, to go to any lengths, for the
customer.
The Blue pointer on the top represents the philosophy
of a Bank that is always looking for growth and newer
directions.
The Key hole represents Safety and Security
The Chain indicates togetherness
The colours Red and Blue denote dynamism and solidity
Company profile
 Bank has achieved a Total Business of
Rs. 1,17,899Crs as on 31-12-2009
against Rs.95822 Crs as on 31-12-2008, with a
growth of 23.04%.
 Deposits grew by 23.70% from Rs.53795 Crs as
on 31ST Dec2008 to Rs.66547 Crs as on 31st
Dec2009
 Gross advances of the bank surged to Rs. 51352
Crs as on 31st December-09 from Rs. 42027 Crs as
on 31 st December,2008 with a growth of 22.19%
 The Credit Deposit ratio stood 77.47% as on
31-12-09.
 Performance
 Total Income stood at Rs 1827 crs, registering a growth
of 14.73%.
 Net Interest Income increased to Rs. 583 Cr, up by
29.27%.
 Operating Profit improved to Rs. 482 Crs, up by 29.33 %
 Net profit increased to Rs. 275 Crs with growth of 29.47%
over the corresponding period in the previous year.
 Return on Assets (ROA), annualized, improved to
1.49%  compared  to 1.04% in  previous year.
 Cost to Income ratio improved to 40.28 % from
43.70% in the previous year
 Products

 Deposit scheme
AB Current  Accounts 
AB Term  Deposits 
AB Arogyadaan scheme
 Retail loan
 Agriculture loan
 Personal loan
 Corporate banking
 NRI Banking
Vision of company
 To be a trustworthy, efficient and strong
bank committed to increase there market
shares.
 Creating the passion and creative talents
in human resources.
 Leveraging technology to expand and
deliver quality and value leading to
customer delight.
Mission
 Amplify the front line capabilities to
serve customers.
 Develop process leverage technology.
 Create the possibilities to reach the
business goals and position the bank as
rising star in the financial harizone.
SWOT
Strength--:
 Right strategies for right product.

 Superior customer service vs. competitors.

 Lower response time with effective

service.
 High degree of customer satisfaction.
Weakness--:
 Same gaps in range of certain sector.

 Customer service staff need training.

Opportunities--:
 New specialist application could seek

better customer deal.

 Fast track career development

opportunities.
Threats—:
 Very high competition

 Lack of infrastructure in rural area.

 Legislation could impact, great risk

involved.
Business Strategies
1. Reduce cost of funds.
2. Increase free-based revenue.
3. Maintain there credit quality.
4. Enhance retail banking business.
Awards and Rewards
 Received best bank award on 26th November 2009.
 Received best presented accounts award 2005
from south Asian Federation of Accountants on 16
January 2007.
 Received best bank award as per business
standard annual banking survey, 2004 -2005.
 Received best bank award for its performance
during the year 2005-2006 for achieving targets
under the Rajiv yuva sakti scheme.
THANK YOU
NISHANT KUMAR
PGDM -09-096