According to a recent press report Syndicate Bank has tied up with the Asit C. Mehta Investment Intermediates (ACMILL) for online trading. Reports said that the launch of ‘Synde e-Trade’ will enable the customers of the bank to invest in diversified Portfolio like Equities, Derivatives, and Initial Public Offerings. Mrs. Deena Mehta, Managing Director, ACMILL… Read More »
A recent press release said that Syndicate Bank has posted an increase in net profit which grew by 36 per cent for the quarter ended September 30, 2011. The bank’s net profit for second quarter was Rs.323 crore which has risen 36 per cent from the net profit for the corresponding period which amounted to… Read More »
A recent press report said that Syndicate Bank, a public sector bank, and Karnataka Vikas Grameena Bank, a Adhara-based regional rural bank, have planned to jointly instituting ‘professor chair on agricultural finance’ at the University of Agricultural Sciences, Dharwad. Reports said that Mr. Basant Seth, the Chairman and Managing Director of Syndicate Bank, has planned… Read More »
A recent press report said that Syndicate Bank has set up two loan processing centres for the small and medium enterprise (SME) segment on a pilot basis. The bank has planned to set up these SME loan processing centres at Bangalore and New Delhi. The bank on a pilot basis, has decided to set up… Read More »
A recent press report said that Syndicate Bank has set up two loan processing centres for the small and medium enterprise (SME) segment on a pilot basis. The SME loan processing centres will be located at Bangalore and New Delhi. Reports said that the bank has planned to set up SME loan processing units at… Read More »
A recent press report said that Aviva is likely to offer a discount on the face value to Syndicate Bank. The consumer goods maker Dabur India owns 74% stake in Aviva Life Insurance Company India while UK-based insurer Aviva Group owns the rest. Syndicate Bank’s net profit rose 29.3% to Rs. 343.15 crore on 30.9%… Read More »
A recent press report said that Syndicate Bank has entered into a memorandum of understanding (MoU) with Tata Motors for financing commercial vehicles. The MoU was signed by Mr. U. Ganesh Kamath, General Manager (MSME), on behalf of Syndicate Bank and Mr. K. Sanjay Mishra, Regional Manager (South), on behalf of Tata Motors. Syndicate Bank… Read More »
A recent press report said that Syndicate Bank has posted a 29 per cent increase in net profits to Rs 343 crore during the first quarter of the 2011-12 fiscal, as against Rs 265 crore recorded during the corresponding quarter of last year. Reports said that the bank’s other income has increased to Rs 291… Read More »
A recent press said that Syndicate Bank has entered into a MoU with Karnataka State Public Service Commission (KPSC) to accept application fee across all its branches in the State. The Bank has offered comprehensive C2B (Customer to Business) solution to KPSC, it said in a statement. A person interested in applying for the vacant… Read More »
A recent press said that Syndicate Bank has entered into a MoU with Karnataka State Public Service Commission (KPSC) to accept application fee across all its branches in the State. The Bank has offered comprehensive C2B (Customer to Business) solution to KPSC, it said in a statement. A person interested in applying for the vacant… Read More »