About Andhra Bank
Andhra Bank is a company based in Hyderabad (India) founded in 1923. It operates as a B2C. The company has 21,436 employees. Andhra Bank operates in a competitive market with competitors including Metro Bank, Investec, Virgin Money, SVB and HSBC, among others.
- Headquarter Hyderabad, India
- Employees 21,436
- SectorsFinancial Services
- Website andhrabank.in
- Social X Facebook
- Legal Name Andhra Bank Financial Services Limited
- Date of Incorporation 25 Feb, 1991
- Annual Revenue₹1.83 Cr
FY 2024 · +23% YoY
- Net Profit₹96.2 Lakh
FY 2024 · 53% margin
- EBITDA₹1.30 Cr
FY 2024 · 71% margin
- Latest Funding Round$77.02M (USD), Post-IPO
Oct 2017
- Employee Count21,436
Associated legal entities of Andhra Bank
Andhra Bank operates through Andhra Bank Financial Services Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Andhra Bank Financial Services Limited CIN U65910TG1991PLC012376 | Active | 25 Feb 1991 | – | ₹1.8 Cr | 21,436 | 5 | View details |
Funding Insights of Andhra Bank
- Total Rounds 3
- Last Round Post-IPO — $77.02M
- First Round $1.35B
(Aug 2016)
All 3 funding rounds of Andhra Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | $77.02M | Post-IPO | – | – | – |
| Oct 2017 | $1.53B | Post-IPO | – | – | – |
| Aug 2016 | $1.35B | Post-IPO | – | – | – |
Board of directors of Andhra Bank Financial Services Limited (Andhra Bank)
Andhra Bank Financial Services Limited is the primary company behind Andhra Bank. The board of Andhra Bank Financial Services Limited currently have 4 directors; the longest-serving is Ramya Gayar, appointed in 2023. 57 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramya Gayar DIN 10371360 | Managing Director | 06 Dec 2023 | 2 yrs 10 mo | Andhra Bank Financial Services Limited |
| Krishnan Parameswaran DIN 10594115 | Nominee Director | 19 Apr 2024 | 2 yrs 5 mo | Andhra Bank Financial Services Limited |
| Satyam Palugula DIN 11340167 | Nominee Director | 11 Sep 2025 | 1 yr | Andhra Bank Financial Services Limited |
| Ravindra Babu Mikkili DIN 11349395 | Nominee Director | 11 Sep 2025 | 1 yr | Andhra Bank Financial Services Limited |
Financials of Andhra Bank
Figures of Andhra Bank Financial Services Limited, the primary company behind Andhra Bank, for FY 2024. Revenue was ₹1.83 Cr (+23% year on year). Net profit was ₹96.2 Lakh (53% margin). EBITDA was ₹1.30 Cr (71% margin). Revenue has grown at a compounded annual rate of -22% over three years and +3% over five years.
- ₹1.83 CrRevenue · FY 2024 · +23% YoY
- ₹96.2 LakhNet profit · 53% margin
- ₹1.30 CrEBITDA · 71% margin
- ₹5.00 CrPaid-up capital
- 21,436Employees (provident fund records)
- -22%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Andhra Bank Financial Services Limited are on its company page.
Detailed financial statements for Andhra Bank
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Andhra Bank
3 dated milestones of Andhra Bank across 94 years, from founding to its latest funding, stage changes and deals.
- Founded Andhra Bank is founded.
- Funding First funding round of $1.3B.
- Funding Latest funding round, Post-IPO, of $77.0M.
Competitors of Andhra Bank
Andhra Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Metro Bank, Investec, Virgin Money, SVB and HSBC, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| metrobankonline.co.uk | 2010 | London, United Kingdom | $564M | 4,184 | Commercial banking services are provided in the United Kingdom. | |
| investec.com | 1974 | London, United Kingdom | – | 9,444 | Global banking, investment, and wealth management services are offered worldwide. | |
| virginmoney.com | 1995 | Newcastle Upon Tyne, United Kingdom | $152M | 3,224 | Virgin Money is recognized as a provider of banking and financial services in the UK. | |
| svb.com | 1983 | Santa Clara, United States | – | 6,383 | Banking services are provided to innovative companies, investors, and individuals. | |
| hsbc.com | 1865 | London, United Kingdom | – | 220,861 | Universal banking and financial advisory services are provided globally. | |
| home.barclays | 1690 | London, United Kingdom | – | 92,900 | Diversified financial services are provided across global markets. | |
| lloydsbank.com | 1765 | London, United Kingdom | – | 311 | Commercial banking services are provided to retail and business clients. | |
| mynycb.com | 1859 | Westbury, United Kingdom | – | 5,118 | Retail and business loans and deposits are provided to communities. | |
| sc.com | 1953 | London, United Kingdom | – | 85,103 | Corporate, investment, wealth, and retail banking services are provided globally. | |
| scotiabank.com | 1832 | Toronto, Canada | – | 88,645 | Commercial banking services are provided internationally by Scotiabank. |
Detailed competitors of Andhra Bank
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Andhra Bank
Websites that share an audience with Andhra Bank (andhrabank.in).
Websites whose visitors overlap most with Andhra Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
onlinesbi.com | onlinesbi.com | 100% | – | – | – |
| axisbank.com | 100% | 1.1M | #41,837 | View details | |
| icicibank.com | 100% | 22.8M | #1,388 | View details | |
onlineandhrabank.net.in | onlineandhrabank.net.in | 100% | – | – | – |
| bankofbaroda.com | 96% | – | #50,589 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Andhra Bank
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Andhra Bank
Complete news archive for Andhra Bank
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Andhra Bank
10 companies that operate in the same segment as Andhra Bank (Banks), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collateralised loans for commercial vehicles are extended to rural entrepreneurs. | 1996 | Jaipur, Rajasthan, India | USD 136.29 M | USD 2.3 B | 50,950 | |
Small finance services are extended to underserved segments in India. | 2005 | Bengaluru, Karnataka, India | USD 153.96 M | – | 21,203 | |
Commercial banking services are provided in the United Kingdom. | 2010 | London, England, United Kingdom | USD 564 M | USD 1.15 B | – | |
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 111.83 M | USD 474.19 M | 12,520 | |
Wealth advisory and banking services are offered to clients. | 1872 | Charlotte, North Carolina, United States | USD 900 K | USD 881.26 M | 1,240 | |
Microfinance bank | 1999 | Bengaluru, Karnataka, India | USD 814.02 M | USD 670.62 M | 25,380 | |
Small finance bank offering savings accounts, deposits, and loan products | 2008 | Mumbai, Maharashtra, India | USD 110.94 M | USD 268.59 M | 8,650 | |
Commercial banking services are offered to individuals and businesses. | 2004 | Mumbai, Maharashtra, India | USD 4.63 M | USD 3.98 B | 28,690 | |
Provider of a commercial banking services | 1993 | Mumbai, Maharashtra, India | – | USD 17.37 B | 104,450 | |
Small finance bank | 2007 | Chennai, Tamil Nadu, India | USD 194.55 M | USD 840.3 M | 25,430 |
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Frequently Asked Questions about Andhra Bank
Andhra Bank was founded in 1923 and raised its 1st funding round 93 years after it was founded.
Andhra Bank is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Andhra Bank has 21,436 employees.
The primary company behind Andhra Bank, Andhra Bank Financial Services Limited, reported revenue of ₹1.83 Cr for FY 2024, up 23% year on year.
Andhra Bank operates with a B2C model, focusing on offering financial products and advice, banking, commercial banking, and public sector operations. Operates as a public sector commercial bank with an international presence. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Andhra Bank's top competitors include Metro Bank, Investec and Virgin Money.
Andhra Bank operates through Andhra Bank Financial Services Limited.
The legal entities of Andhra Bank currently have 5 directors, including Ruchi Ravidas Rangari, Ramya Gayar, Krishnan Parameswaran and others.