The headquarters of Bank of Maharashtra is in Pune. Where is the head office of Andhra Bank?

a. Hyderabad

b. Bangalore

c. Manipal

d. Mangalore

ANSWER: Hyderabad

Explanation:

Andhra Bank has its headquarters in Hyderabad, India.

Andhra Bank is a medium-sized public sector bank (PSB) of India.

The Government of India owns 63.97% of its share capital as on 31 Dec 2015.

The state-owned Life Insurance Corporation of India holds 7.66% of the shares.

Andhra Bank is a pioneer in introducing Credit Cards in the country in 1981.

Andhra Bank has ranked No.1 in terms of number of Life Insurance Policies mobilized amongst all the agency banks dealing with the Life Insurance Corporation of India.

The bank also has tie-up with United India Insurance Company Limited under Bancassurance (Non-Life)

Andhra Bank

Founded : 20 November 1923; 93 years ago

Headquarter : Hyderabad

Current Head : Suresh N Patel (MD & CEO)