Financial Daily from THE HINDU group of publications
Tuesday, May 16, 2006
Financial Daily from THE HINDU group of publications Tuesday, May 16, 2006 |
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Money & Banking
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Public Sector Banks Andhra Bank opens overseas office Our Bureau
MR K. RAMAKRISHNAN
Andhra Bank has announced the opening of its first overseas representative office at Karama in Dubai. In a press release here, the bank Chairman and Managing Director, Mr K. Ramakrishnan, said the representative office was established to offer better services to millions of expatriate Indians working the United Arab Emirates (UAE). The Dubai office would guide and coordinate opening of accounts by them at the place of their choice in India. The bank has rupee drawing arrangements with five reputed exchange companies so as to ensure immediate credit into the accounts in more than 800 designated branches in India, he said.
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