Central Vigilance Commission Commissioner K.V. Chowdary on Wednesday appealed to Andhra Bank authorities to initiate actions to shift the bank’s headquarters from Hyderabad to Machilipatnam. Addressing the customers of the Andhra Bank, Mr. Chowdary has stressed the need of shifting the headquarters of the bank, which was established in Machilipatnam on November 28, 1923. Recollecting the services rendered by freedom fighter and visionary Pattabhi Seetaramaiah who established the Andhra Bank, Mr. Chowdary said that the bank should realize its presence across the rural Andhra Pradesh. Mr. Chowdari attended as chief guest of the 93rd Andhra Bank week-celebration which will conclude on November 27. “It is the need of hour that the Andhra Bank authorities should plan more welfare activities for all round development of the Machilipatnam town by sparing more funds through Corporate and Social Responsibility funds”, said Mr. Chowdary. Going down the memory lane on the role of the Andhra Bank in the economy and credit plan of the Krishna district,
Mr. Chowdary reminded that the Andhra Bank was once district’s lead bank, plays a laudable role in ensuring sanction of loans to the farmers. Andhra Bank Managing Director and Chief Executive Officer Suresh N. Patel said that the business of the bank has been touched to nearly three lakh crore and it is reaching to its customers across the State through 909 branches. Andhra Bank Executive Directors A.K.Rath and S.K. Karla and Krishna district Zilla Parishad Chairperson G. Anuradha were also present.
