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Andhra Bank Reviews, Bank Ratings by MyLoanCare Customers

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Andhra Bank Reviews
Samuel , Hyderabad Reviewed on 27th Feb 2015
3 / 5 stars

Satisfied, rate of interest high

Andhra Bank Home Loan Availed in 15-Jan

I liked the personalised attention and help of the Read more...

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Andhra Bank News - Jul 2017
  • 2017-07-21 : Canara Bank reports net profit at Rs. 251 crore news
    Canara Bank has reported a significant growth in its net profit at Rs. 251 crore during the first quarter of FY18 as against Rs. 229 crore during the corresponding quarter of the previous fiscal year. As per the available data, the bank’s total income rose to Rs. 12,304 crore from Rs. 11,786 crore during the corresponding quarter of the previous fiscal year. Banks has managed to increase its profits on the back of strong growth in advances, better NPA management and reduction in proportion of high cost deposits.
  • 2017-07-21 : Indians rush to buy gold from Dubai news
    Indians are now rushing Dubai to buy gold as it has become costlier in India after the introduction of GST from 1st July, 2017 onwards. Gold jewellers in UAE and gulf region have witnessed that the significant rise in purchase of gold by Indians.
  • 2017-07-21 : NBFCs turn cautious on lending to real estate developers news
    In a bid to reduce mounting bad loans, NBFCs and banks have turned more cautious on lending to the lesser established or newer real estate developers. NBFCs and banks have also started the practice of conducting forensic due diligence before lending to real estate developers. Leading HFCs including HDFC, Indiabulls, Edelweiss and DHFL have also started roping in corporate investigators before taking a decision to lend.
  • 2017-07-21 : Crisil says resolution of bad loans may hit banks badly: Crisil news
    Rating firm Crisil has stated that banks may have to absorb huge losses on their balance sheet, given the mounting burden of bad loans. A report by Crisil calculates that banks will have to take a haircut of worth Rs. 2.4 lakh crore to settle their outstanding loans from 50 large stressed assets. These 50 stressed accounts having a combined debt of Rs. 4.3 lakh crore and the banks may need to take a haircut of 60 per cent.
  • 2017-07-21 : Bajaj Finance witnesses improvement in its loan book news
    One of the leading NBFCs, Bajaj Finance has registered a strong growth in its loan book during the current financial year. Its asset under management (AUM) grew by 35 per cent to Rs. 66,862. Strong growth in its AUM has been achieved by improving its return per customer including cross selling of personal loans and loans against securities.
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