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The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.

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Andhra Pradesh Grameena Bank celebrates first year with s...
2026-05-02 · via The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.
(From left) A.P. Grameena Bank Vigilance Incharge Harish Betha, Chairman K. Pramod Kumar Reddy, and General Manager S.R. Raghunatha Reddy addressing a press conference at Bank headquarters in Guntur on Saturday.

(From left) A.P. Grameena Bank Vigilance Incharge Harish Betha, Chairman K. Pramod Kumar Reddy, and General Manager S.R. Raghunatha Reddy addressing a press conference at Bank headquarters in Guntur on Saturday. | Photo Credit: T. VIJAYA KUMAR

Andhra Pradesh Grameena Bank reported a robust financial performance for 2025–26, in its first year of operations. The bank’s total business reached ₹1,36,337 crore, reflecting a growth of 13.40%. Deposits rose to ₹64,673 crore, an increase of 14.89%, while gross advances stood at ₹71,665 crore, marking a 12.09% rise. The bank posted a net profit of ₹1,836 crore and an operating profit of ₹2,523 crore. Asset quality remained strong, with Gross NPA at 0.91% and Net NPA at zero. The Capital Adequacy Ratio stood at 23.62%, and the Net Interest Margin at 3.72%.

The Bank celebrated its first anniversary, since the historic amalgamation of four regional rural banks, at its headquarters in Guntur on Saturday (May 2, 2026). Bank chairman K. Pramod Kumar Reddy highlighted the institution’s transformation from integration to innovation.

Published - May 02, 2026 07:26 pm IST