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Expect to break-even by Q4FY18: Syndicate Bank

In an interview with CNBC-TV18, Melwyn Rego, MD & CEO of Syndicate Bank spoke about the results and his outlook for the company.

Expect overall growth in the area of 8-10%: Syndicate Bank

Syndicate Bank posted a strong set of Q2 earnings. In an interview to CNBC-TV18, Melwyn Rego, MD & CEO of Syndicate Bank spoke about the results and his outlook for the company.

Slippages in next 3 quarters likely at Rs 4,150cr: Syndicate Bank

Syndicate Bank posted a weak set of Q1 earnings. In an interview to CNBC-TV18, Melwyn Rego, MD & CEO of Syndicate Bank spoke about the results and his outlook for the company.

Bad loan battle: Here's what experts have to say

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 lower margins due to base rate reduction: Syndicate Bk

Arun Shrivastava, managing director and chief executive officer says the bank has lowered its target to 150 branches from the earlier 300, given the slump in the current environment.

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.

Recoveries to improve; hope RBI cuts CRR, MSF: Syndicate Bk

According to SK Jain, there was an increase in the non-performing assets of the bank this quarter due to slippage of some five-six big accounts on the back of weak economy.

Aggressive curbs on NPAs helped numbers: Sydnicate Bank

Syndicate Bank has been aggressive in the recovery of non-performing assets (NPA) for large accounts and small accounts, and the bank‘s asset quality has improved on a sequential basis. Net interest margin of Syndicate Bank this year is 3.19 percent.

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.