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Banking

Andhra Bank: 100 Years of Heritage and Evolution

RBI Headquarters Building

Summary

Founded in 1923 by Bhogaraju Pattabhi Sitaramayya, Andhra Bank played a pioneering role in Indian banking by driving regional growth and digital transformation. Through expansions, acquisitions, and international ventures, it served diverse communities. Its merger with Union Bank of India signifies an evolving legacy combining tradition with modern financial solutions.

Key Takeaways

  • Founded in 1923 with a mission for socio-economic progress.
  • Expanded across India with digital banking and international branches.
  • Integrated crucial acquisitions after nationalization.
  • Merged with Union Bank to sustain its legacy in modern finance.

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