Approval of proposal by Andhra Bank

The following press release was published by the Board of Governors of the Federal Reserve System on July 23, 2008. It is reproduced in full below.

The Federal Reserve Board on Wednesday announced the approval of an application by Andhra Bank, Hyderabad, India, to establish a representative office in Jersey City, New Jersey.

Attached is the Order relating to this action.

Source: Board of Governors of the Federal Reserve System