Andhra Bank: Legacy & Transition
Founded on November 28, 1923, by Bhogaraju Pattabhi Sitaramayya, Andhra Bank became a significant force in India's banking sector, offering a range of financial services nationwide. Initially based in Machilipatnam within the Madras Presidency, Andhra Bank expanded throughout various states, maintaining a nationwide presence until its merger with Union Bank of India on April 1, 2020.

Historical Insights
Bhogaraju envisioned Andhra Bank as both a financial institution and a driver of socio-economic development. Beginning with a modest capital, Andhra Bank aimed to contribute significantly to regional growth through its banking services. Following the creation of Andhra Pradesh in 1956, the headquarters moved to Hyderabad, fostering growth and integration. Nationalized in April 1980, Andhra Bank expanded its reach by merging with Bharat Lakshmi Bank and others.

Products and Services
Known for introducing AB INFI-net Internet Banking, Andhra Bank paved the way for digital banking advancements, especially in semi-urban and rural areas. It gained recognition for utilizing technology to improve banking accessibility.

International Expansion
Andhra Bank embraced global opportunities by setting up overseas offices in Dubai and Jersey City, alongside a joint venture in Malaysia. These efforts targeted services for the NRI community and facilitated international trade.

Community Involvement
Dedicated to community development, Andhra Bank actively participated in initiatives like the Andhra Pradesh Banker's Institute of Entrepreneurship Development and comprehensive village adoption programs under its CSR missions.

Merger and Legacy
The merger with Union Bank signified a strategic transition, combining strengths to create a formidable entity ready to tackle modern financial challenges. This merger aims to preserve Andhra Bank's dedication to customer service and community involvement. Andhra Bank's century-long impact is an essential part of India's banking history, with the merger setting the stage for sustained foundational values in future financial structures.