Syndicate Bank

CBI files charge sheet against former Syndicate Bank AGM, others in Rs 209 crore cheating case

The Central Bureau of Investigation (CBI) also said that the accused cheated the bank to the tune of Rs 209.93 crore by availing loans on the basis of forged and fabricated documents, bills, quotations, certificates, among others.

IFSC codes of erstwhile Syndicate Bank branches will change from July 1: Canara Bank

Canara Bank also announced the discontinuation of the current swift code being used by the erstwhile Syndicate Bank customers for foreign exchange transactions.

Canara Bank Q3 standalone net profit falls 9% to Rs 696 crore

The bank amalgamated Syndicate Bank with itself effective April 1, 2020. The financials as of December 2019, March, June and September 2020 are combined figures of both banks.

Gaursons chairman's son held for cheating Bank of Baroda, Syndicate Bank of Rs 80 crore: CBI

Bank of Baroda has alleged in a complaint that Rs 80 crore were disbursed by the banks, but the project was left in the lurch in its initial stages

Syndicate Bank Consolidated December 2019 Net Interest Income (NII) at Rs 1,871.60 crore, up 15.62% Y-o-Y

Syndicate Bank Q3 profit zooms to Rs 435 cr

Total income during the quarter increased to Rs 6,316.57 crore from Rs 6,077.62 crore in the same period of 2018-19, Syndicate Bank said in a regulatory filing.

Syndicate Bank surpasses Rs 5 lakh crore business mark

The bank achieved this milestone on the back of every business unit contributing in its full capacity which included retail, MSME and priority sector, the lender said in a statement.

Syndicate Bank Standalone September 2019 Net Interest Income (NII) at Rs 1,739.25 crore, up 10.62% Y-o-Y

Syndicate Bank reports profit in Q2, provisions fall sharply

Slippages at the end of quarter stood Rs 2,185 crore, down 6.8 percent compared to Rs 2,344 crore in June quarter.

Syndicate Bank Consolidated September 2019 Net Interest Income (NII) at Rs 1,739.48 crore, up 10.62% Y-o-Y

RBI imposes Rs 1 cr fine on LVB, Rs 75 lakh on Syndicate Bank for violating norms

In a similarly worded release, it said a monetary penalty of Rs 75 lakh has been imposed on Syndicate Bank for non-compliance with the directions issued by RBI on frauds classification and reporting; innovative housing loan products wherein upfront disbursal of loans is done.

The little-known story of once-private Syndicate Bank, which started with a 25-paise deposit

Syndicate Bank is an important milestone in India's evolution because it shows that when entrepreneurs are allowed to become wealth generators, everyone benefits.

Canara Bank to merge with Syndicate Bank to create 4th largest PSB

The number of public sector banks will be 12, down from 27 in 2017 after this announcement.

Syndicate Bank expects Rs 4,000 cr from NPA recovery in FY20

The bank has recovered about Rs 800 crore in the first quarter and the target for the current fiscal is Rs 4,000 crore, Mahapatra said.

Syndicate Bank Consolidated June 2019 Net Interest Income (NII) at Rs 1,792.01 crore, up 18.99% Y-o-Y

Syndicate Bank Standalone June 2019 Net Interest Income (NII) at Rs 1,791.78 crore, up 18.99% Y-o-Y

Syndicate Bank narrows Q1 loss to Rs 980 cr as bad assets fall

Total income during the June quarter of 2019-20 rose to Rs 6,080.69 crore from Rs 56,37.51 crore in the year-ago period, Syndicate Bank said in a regulatory filing.

Syndicate Bank Consolidated June 2019 Net Interest Income (NII) at Rs 1,792.01 crore, up 18.99% Y-o-Y

Syndicate Bank Standalone June 2019 Net Interest Income (NII) at Rs 1,791.78 crore, up 18.99% Y-o-Y

Syndicate Bank cuts MCLR across tenors by 5 bps from June 15

The benchmark one-year MCLR, which forms basis of most of consumer and personal loans, will be at 8.60 per cent as compared with 8.65 per cent currently, the bank said in a regulatory filing.

Syndicate Bank to raise up to Rs 500 cr this fiscal

The decision was taken at the board meeting of the bank held on June 29.

'Buy these 3 PSU banks that formed bullish patterns'

While State Bank of India gave a strong close at an all-time high, other banks such as Canara Bank, Union Bank, Syndicate Bank and Oriental Bank were a few others that formed bullish patterns over the last week

Syndicate Bank's Q4 profit at Rs 128 cr

Total income during the quarter under review was at Rs 6,345.22 crore as compared to Rs 6,046 crore in the same period a year ago, the lender said in a regulatory filing.

Syndicate Bank Standalone March 2019 Net Interest Income (NII) at Rs 1,952.24 crore, up 16.29% Y-o-Y

BEML and Syndicate Bank sign MoU

The customers under the tie-up arrangement will be provided loans in the range of Rs 20 Lakh to Rs 300 Lakh and preferential pricing by Syndicate Bank, it said in a release.