Andhra Bank
Andhra Bank
Andhra Bank
Company Analysis
Andhra Bank
….For all your needs
The bank has a staff strength of around 15000, which includes Officers,
clerks and sub-staff.
Listed On
The Stock Exchange, Mumbai,
National Stock Exchange of India Ltd.
L is tin g In
VISION
Corporate Identity
Centers of Service
Berhampur ( Orissa)
Amadalavalasa (A.P.)
Rajam ( A. P. )
Rajahmundry ( A. P.)
Eluru ( A. P. )
Machilipatnam (A.P.)
Guntur ( A. P. )
Nellore ( A. P. )
Kanhangad ( Kerala)
Activities of Rural Institutes
Training Programmes:
Method Demonstrations:
Vermiculture
Micro Irrigation Equipment
Solar Equipment
Power Tools
Escort Services
Settlement Assistance
Accelerated growth of 28.56% achieved in Credit at
Rs. 44,428 crore
Total Deposits rose to Rs. 59,390 crore – A growth
at 20.13%
Operating Profit improved to Rs.431.80 cr. in Q4 (a
growth of 37.90%)
Net Profit in Q4 reached Rs.201.21 Crore recording
an increase of 61.94%.
Interest Income during Q4 -2008-’09 increased
growth rate of 31.15% over Q4 of 2007-’08.
Net Interest Income grew by 21.45%
Net Interest Margin (NIM) for the year was 3.03 %
against 3.00% in the previous year.
Other Income increased by 22.18%
Percentage of Gross NPAs to Gross Advances
31.3.’08 to 0.83 % as on 31.03. 09
Percentage of Net NPAs to Net advances stood
at 0.18%.
CRAR improved from 11.61% as on 31.3.2008 to
13.22% as on 31.3.2009. This performance is
against RBI norm of 9%
Return on Assets stood at 1.09%
Ratio analysis
Total Income improved by 26.96% from Rs. 4836 crore to Rs.6140
Crore as on 31.3.2009
Interest Income increased by 27.68% from Rs. 4210 crore to Rs.5375
crore.
Net Interest Income increased by 21.45% from Rs. 1340 crore to
Rs.1627 crore.
The Net Interest Margin is at 3.03% compared to 3.00% in the previous
year.
Other Income improved from Rs.626 crore as on 31.03.08 to Rs.765
crore as on 31.03.09
Operating Profit stood at Rs.1,288 Crore as at the end of Mar’09
compared to Rs. 1057 cr as on 31.03.08 with a yoy growth of 21.86%.
During Q4 the Operating Profit increased by 37.90%
Net Profit improved to Rs. 653.05 Crore as at the end of March 2009, a
Yo-Y growth of 13.46%, while in Q4, Bank achieved growth of 61.94%.
Comparison with Competitors
Findings
The credibility of Andhra Bank is good in comparison with to its
competitors as Government of India is major share holders in the company.
Andhra bank has a potential adopted market in certain region and hence
has an opportunity for growth.
The product of Andhra bank has good credibility in the region compared to
its competitors
The advertisement of the bank was very effective from the first day of its
airing the fifth day and there after it starts declining.
The initial balance for A/C opening is 500/- and that’s why people are
interested in opening the same.
Limitations
Time constraints.
Traveling .
ANDHRA BANK –
MAKING A DIFFERENCE
WITH PEOPLE, IDEAS
AND SOLUTIONS.
with
CARE & CONCERN
By
Nagarjuna M
MBA,sms,
JNTUH,HYD.