BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Andhra Bank is a medium-sized public sector bank of India. What is the tagline of Andhra Bank?
A
Your Own Bank
B
A Tradition of Trust
C
One Family One Bank
D
Where India Banks
Explanation: 

Detailed explanation-1: -The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company. Recently, Andhra Bank and Corporation Bank were amalgamated into Union Bank of India with effect from 01.04.2020.

Detailed explanation-2: -The registered office of the bank was subsequently shifted to Andhra Bank Buildings, Sultan Bazar, Hyderabad. In the second phase of nationalisation of commercial banks commenced in April 1980, the bank became a wholly Government-owned.

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