Andhra Bank operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Andhra Bank with three other
companies in this sector in India:
sales of 210.03 billion Indian Rupees [US$3.14 billion]
of which 43%
was Corporate/Wholesale Banking),
Uco Bank Ltd
(201.56 billion Indian Rupees [US$3.01 billion]
of which 40%
was Corporate / Wholesale banking), and
(211.54 billion Indian Rupees [US$3.16 billion]
of which 44%
was Wholesale Banking).
Andhra Bank reported sales of 199.10 billion Indian Rupees (US$2.97 billion)
March of 2016.
increase of 6.0%
versus 2015, when the company's sales were 187.88 billion Indian Rupees.
Sales at Andhra Bank have increased during each of the previous five years
(and since 2011, sales have increased a total of 117%).
Sales of Retail Banking saw an increase
7.8% in 2016, from
53.62 billion Indian Rupees to 57.79 billion Indian Rupees.