fm on move

Union Finance Minister Nirmala Sitharaman announced the merger of 10 state-run banks into 4 banks in New Delhi on Friday. Andhra Bank is due to be merged with Union Bank of India as part of banking sector reforms.(HT PHOTO.)

Two Andhra lawmakers write to FM on move to merge Andhra Bank with UBI

Hindustan Times, Hyderabad | By Srinivasa Rao Apparasu
UPDATED ON AUG 31, 2019 09:24 PM IST
In his letter, Rao said Andhra Bank, founded in 1923 by Bhogaraju Pattabhi Seetharamayya, a renowned freedom fighter and associate of Mahatma Gandhi, was the only nationalized bank founded in Andhra Pradesh and was considered the pride of the Andhra people in the last 96 years.
Story Saved