The Reserve Bank of India (RBI) has taken a crucial step in the battle against bad loans.

Envisaging credit growth of 8-10% in FY18: Syndicate Bank

Syndicate Bank is looking to raise Rs 3,500 crore of capital in FY18. They are planning to raise it in a couple of tranches. In an interview to CNBC-TV18, SS Mallikarjuna Rao, ED of Syndicate Bank spoke about the capital raising plan.

See 15% credit growth in FY16: Syndicate Bank

In an interview to CNBC-TV18, TK Srivastava, executive director, Syndicate Bank says the bank will raise the funds in the next two quarters and expects the bank‘s capital adequacy ratio (CAR) to rise to 12 percent.

Banks must set deficiencies right to check frauds: BoI

In an interview to CNBC-TV18, VR Iyer, CMD, Bank of India, said that in the wake of rising instances of bad loans and frauds coming to light, the finance ministry has written to all banks asking them to be cautious.

Syndicate Bank eyes 6% higher growth in FY13 retail credit

Syndicate Bank does not count among the market‘s favoured bets in the banking sectors at the moment. In the last one year, the bank‘s shares tanked 21%, compared to a 14% decline in the benchmark Bankex. Declining profits and lack of a clear growth plan were the key factors for the underperformance.