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Andhra Bank receives Rs 1100 crore from GoI

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Capital Market
Last Updated : Apr 03 2017 | 12:01 AM IST

Towards capital infusion for FY 2017

Andhra Bank announced that the Government of India has remitted Rs 1100 crore on 31 March 2017 towards contribution of Government of India in the preferential allotment of equity shares of the Bank. The amount will remain in Share Application money till compliance of certain terms.

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First Published: Apr 01 2017 | 6:40 PM IST

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