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Andhra Bank gets Govt’s approval for proposed amalgamation
Nov-21-2019

Andhra Bank has received a communication from Ministry of Finance, Government of India stating that the Alternative Mechanism (AM) has accorded in-principle approval to the proposed amalgamation of Andhra Bank and Corporation Bank into Union Bank of India with Union Bank of India as the transferee Bank and Andhra Bank and Corporation Bank as transferor Banks.

Andhra Bank offers a wide range of services such as Retail banking, Agriculture, MSME, Corporate, NRI services and Personal banking services etc.

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