Andhra Bank

Type Public
Industry Finance
Founded 20.11.1923
Headquarters Hyderabad
Key people R S REDDY (CMD)
Products Private Banking

Revenue Rs. 1,00,000 crore (as of 2010 jan)

Employees 13,224
Website http://www.andhrabank.in/
SHRI R S REDDY, CHAIRMAN AND
MANAGING DIRECTOR Shri Anil Girotra , Executive Director

Shri A.A.Taj
Executive Director
The Bank is rendering services through 2139 Business Delivery Channels consisting
of 1371 branches, 66 Extension Counters, 38 Satellite Offices and 664 ATMs spread
over 21 States and 2 Union Territories .

All Branches are 100% computerized, 1186 units viz., 1101 Branches, 68 Extension
Counters, 15 Service Centres networked under Cluster Banking solution and providing
"Any Branch Banking(ABB)".

Real Time Gross Settlement (RTGS) Facility and National Electronic Fund Transfer
(NEFT) facility has been introduced in 723 Branches.

To provide value-added services to Customers, the Bank has set up its own 664
ATMs .Besides, ATM sharing arrangements with several Banks -
including SBI group, IDBI Bank, UTI Bank, HDFC Bank, Indian Bank and others
under National Financial Network Switch covering 24856 ATMs.
As a part of "Financial Inclusion", Bank adopted two districts, namely, Srikakulam
in Andhra Pradesh and Ganjam in Orissa and achieved 100% coverage.

Andhra Bank, along with A P State Government, NABARD, Canara Bank, Indian
Bank, IOB and SBH sponsored the Andhra Pradesh Banker's Institute of
Entrepreneurship Development, which will offer training to unemployed youth for
improving their skills in Andhra Pradesh.

Bank adopted Gundugolanu village, West Godavari District, Andhra Pradesh -

birth place of Dr.Bhogaraju Pattabhi Sitaramayya for all-round development. A
comprehensive budget with an outlay of Rs.5.50 Crore is finalized for improving
health, sanitation, education and social service facilities in the village.

Bank has been ranked No.1 in terms of number of Life Insurance Policies
mobilized amongst all the Agency Banks dealing with "Life Insurance Corporation
of India". Bank also has tie-up with United India Insurance Company Limited under
Bancassurance(Non-Life)

Bank was ranked 532nd for the year ended 31.03.2007 amongst Top 1000 Banks
in the world by "The Banker" - a London based publication based on Tier I Capital
as defined by Basel's Bank for International Settlements (BIS)
PRODUCT AND SERVICES Deposit Schemes:

AB Savings Accounts

AB Current Accounts
AB Term Deposits
 AB Arogyadaan Scheme
AB Bancassurance Life
 AB Bancassurance (Non Life)

Retail Loans Agricultural Loans Corporate Banking NRI Banking NRI Products and
Services:
NOSTOR details for remittance
Western Union Money Transfer
Technology Products:

 Multi City Cheque Facility

On-Line Tax Accounting System (OLTAS)
Real Time Gross Settlement (RTGS)
Instant Funds Transfer
ATM Services
Any Branch Banking
Electronic Clearing Service (ECS)
 National Electronic Funds Transfer
 Last Price Market Cap. Net Interest Net Profit Total Assets
(Rs. cr.) Income

SBI 2,496.80 158,517.71 70,993.92 9,166.05 964,432.08

PNB 1,050.70 33,128.83 21,466.91 3,905.35 296,632.79

Bank of Baroda 725.20 26,508.24 16,698.34 3,058.33 278,316.71

Bank of India 402.95 21,191.54 17,877.99 1,741.07 274,966.46

Canara Bank 481.35 19,735.35 18,751.96 3,021.43 264,741.09

Union Bank 326.00 16,466.84 13,302.68 2,074.92 195,161.85
Indian Bank 251.35 10,802.27 7,857.06 1,554.99 84,121.74

Oriental Bank 363.65 9,110.88 8,856.47 905.42 137,431.00

IDBI Bank 121.65 8,818.25 15,272.63 1,031.13 233,572.01

Allahabad Bank 185.20 8,272.88 8,369.20 1,206.33 97,648.00

Andhra Bank 145.55 7,059.18 6,372.87 1,045.85 90,342.42

 BSE 1 week 2 week 1 month 3 month 6 month 9 month 1 year

Price 138.60 134.05 134.10 120.55 106.65 118.95 88.90

Gain /
5.01% 8.58% 8.54% 20.74% 36.47% 22.36% 63.72%
Loss
 NSE 1 week 2 week 1 month 3 month 6 month 9 month 1 year

Price 138.95 134.05 134.20 120.55 106.55 119.10 89.00

Gain /
4.97% 8.8% 8.68% 20.99% 36.88% 22.46% 63.88%
Loss
 Highlights of Revenue, Expenditure and Profitability
IN CRORE
2008-09 2009-10 Absolute growth Percentage growth

Total interest 5374.62 6372.87 998.25 18.57

income
Total interest 3747.71 4178.13 430.42 11.48
expenditure
Net interest income 1626.91 2194.74 567.83 34.90

Other income 765.38 964.62 199.24 26.03

Profit on sale of 237.61 324.50 86.89 36.57
investment
Operating profit 1288.03 1809.82 521.79 40.51

provisions and 634.98 763.97 128.99 20.31

contingencies
Net profit 653.05 1045.85 392.80 60.15
Key Financial Ratios:
Parameter 31.3.2009 31.3.2010
Yield on Advances (%) 11.41 10.92
Cost of Deposits (%) 6.96 6.10
CRAR (%) 13.22 13.93
Return on Assets (%) 1.09 1.39
Yield on Funds(%) 8.97 8.49
Cost of Funds(%) 6.26 5.57
Net Interest Margin (%) 3.03 3.21
Cost-to-income Ratio 46.16 42.72
(%)
Earning Per Share (Rs.) 13.46 21.56
Net NPA (%) 0.18 0.17
Gross NPAs (%) 0.83 0.86
Book Value Per Share 75.20 90.93
( Rs.)
 PROFITABILITY
• The Bank continued its growth momentum of the previous years and recorded

reasonably good performance during the financial year 2009-10. Profitability

parameters saw satisfactory growth. Buoyancy in the Banks Core income,

Increased non interest income and good Asset quality contributed to the

improvement in profitability. Total income increased by 19.50% from Rs.6140

crore to Rs 7337 Crore while non- interest income registered a growth of 26.03%

and stood at Rs 964.62 Crore compared to Rs.765.38 crore in the previous year.

Operating Profit of the Bank increased to Rs 1809.82 Crore from Rs. 1288.03

Crore, registering an increase of 40.51%. Net Profit increased by 60.15% to Rs.

1045.85 Core in 2009-10 from Rs.653.05 Crore in the previous year.

 CAPITAL & NET WORTH
There is no change in equity capital during 2009-IO
and it stood at Rs.485 Crore. At the same time the
Reserves and Surplus increased from Rs.3161.99
Crore as on 31.03.2009 to Rs.3925.04 Crore Thus,
the Net worth (capital plus reserves & surplus)
increased from Rs.3646.99 Crore as at the end of
Mar09 to Rs. 4410.04 Crore as at the end of Mar10.
Disclosure under Basel II (Pillar III) in terms of RBI circular on Prudential Guidelines on Capital
Adequacy & Market Discipline for the quarter ended 31.12.2009 is as under:

• Tier I Capital 4452.22

• Total capital 7513.47
• Total required capital 4523.76
• Total Capital adequacy ratio 14.95%
• Tier I Capital ratio 8.86%
 DIVIDEND
• The board of directors of the Bank has recommended
a dividend of 50% for the financial year 2009-10.
Thank You