Andhra Bank (ADBK.NS)
17 Aug 2018
* SAYS BANK'S EXPOSURE OF 300 MILLION RUPEES WAS CLASSIFIED AS NPA IN JUNE 2014
* Agencies accuse former bank director, Sterling execs of fraud
* GETS SHAREHOLDERS' NOD FOR ISSUE OF UP TO 326 MILLION SHARES AGGREGATING TO 18.90 BILLION RUPEES ON PREFERENTIAL BASIS TO INDIA GOVERNMENT Source text - http://bit.ly/2HnxXEE Further company coverage:
* CLARIFIES ON NEWS ITEM ABOUT ED FILING CHARGESHEET AGAINST EX-ANDHRA BANK EXEC
MUMBAI, March 12 Shares in India's state-run Andhra Bank, already hurt by an industry-wide spillover of a huge scam in another lender, fell to a near 15-year low after additional charges were filed against a former director in a separate long-running case of alleged fraud.