Today's Paper Archive Classifieds Subscriptions RSS Feeds Site Map ePaper Mobile Apps Social
SEARCH

Andhra Bank opens five ATMs

Share  ·   print   ·  
EXPANSION MODE: Andhra Bank Executive Director Kalyan Mukherjee inaugurating an ATM in Kakinada on Thursday. Bank's Deputy General Manager Y.S. Prasad is also seen.
EXPANSION MODE: Andhra Bank Executive Director Kalyan Mukherjee inaugurating an ATM in Kakinada on Thursday. Bank's Deputy General Manager Y.S. Prasad is also seen.

Correspondent

Bank keen on providing best customer service through ATM networking

  • Net NPA of the bank was reduced to 0.44 per cent
  • Kadiyam branch bags the best banker award

    Kakinada: The Andhra Bank has opened as many as five ATMs - three in Kakinada and one each in neighbouring Pithapuram and Samalkot towns on a single day on Thursday, which is claimed as the first of its kind in the bank's history by Bank's Executive Director Kalyan Mukherjee.

    While inaugurating the Bank branches new premises at Government Polytechnic for Women here, he said, they were keen on providing the best customer service through ATM networking and core banking services to its clientele.

    Pointing out that the bank had earned a net profit of Rs.136.28 crores for the third quarter ending December, Mukherjee said that the net NPA of the bank was reduced to 0.44 per cent (Rs.111 crore), which is the lowest amongst the entire banking industry in the country.

    He said bank's founder Bhogaraju Pattabhisitharamaiah had special affinity for Kakinada as such started the Bank's second branch here. With the opening of three ATMs-in Jagannaickpur, Sarpavaram centre and NFCL road, he said, the ATM network of the bank in the city had touched eight in number, providing the instant cash withdrawal facility to the customers.

    Banker's committee

    Mukherjee said that the bank with its network of 938 branches and a representative office in Dubai was having a business turnover of Rs.61,000 crores in the country.

    Besides, he said, the bank was heading the State-level Banker's committee and harmonising efforts to implement all the sponsored schemes of the government.

    He was happy to note that the Kakinada zone of the bank was able to disburse Rs.100 crore to women Self Help Groups during the current financial year and the efforts to strengthen the SHG movement will be continued.

    Y.S. Prasad, bank's Deputy General Manager said that the bank with its 94 branches, all computerised, in East Godavari district was having a total turnover of Rs.2,586 crores with credit, deposit ratio stands at 94 per cent, which is the highest in the State.

    He said the bank's total number of ATMs in the zone had gone up to 26. Ms. Rani Prakash AGM, Chief Managers of Zonal Office and Lead Bank Manager A.Shanmukhachary attended.


  • O
    P
    E
    N

    close

    Recent Article in ANDHRA PRADESH

    Former MLA Kunja Bojji with his wife Subbalakshmi at his residence in Adavi Venkanna Gudem of Khammam district.– PHOTO: G.N. RAO

    This three-time MLA doesn’t have a house

    From being a courier for the ‘Veera Telangana Viplava Dalam’ (Brave Telangana Revolutionary Squad) in the 50s, to being elected an erstwh... »