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Money & Banking - Public Sector Banks


Andhra Bank deposit mop-up drive

Our Bureau

Mumbai, June 12

Andhra Bank's Mumbai zone is organising a month-long deposit mobilisation campaign called `AB Deposit Utsav 2006' to increase its retail business. As part of the campaign the bank will mobilise low cost deposits and target customers for ATM and debit cards. Mr V.S. Raju, General Manager, Mumbai zone inaugurated the campaign.

A press release from the bank said the campaign would run from June 12 to July 11Andhra Bank's Mumbai zone comprises 61 branches and six extension counters in Maharashtra, Gujarat, Madhya Pradesh and Goa. During the campaign, the bank will also conduct customers' meets and road shows in the zone to popularise their products and to increase the retail business, the release said.

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