More PSBs, private banks join rate cut bandwagon

More PSBs, private banks join rate cut bandwagon

State-run United Bank of India in a separate statement said that it has decided to reduce base rate or the minimum lending rate to 9.65 percent from 9.90 percent with effect from October 12.

Syndicate Bank Q1 net dips 38% to Rs 302 cr

The bank had a net profit of Rs 485.42 crore in the April-June quarter of 2014-15 fiscal.

More PSU banks cut lending, deposit rates

Two PSU banks, Central Bank of India and Syndicate Bank, Friday announced a cut in their lending rates while two others reduced deposit rates after RBI lowered the policy rate by 0.25 percent this week.

Syndicate Bank net profit rises marginally to Rs 417 crore

State-owned Syndicate Bank on Saturday reported a marginal 2 percent growth in net profit to Rs 417 crore in the fourth quarter ended March 31, 2014-15.

Syndicate Bank raises Rs 400 cr

Syndicate Bank today said it has raised Rs 400 crore by issuing bonds.

CBI inspector, bank official arrested for taking bribe

CBI has arrested an inspector in its own ranks along with a Syndicate bank's official attached with the agency on secondment for allegedly demanding and accepting a bribe.

NTPC signs Rs 3,000 cr worth of term loans

The current installed capacity of NTPC is 43,128 MW.

NTPC signs Rs 3,000 cr worth of term loans

State-owned power producer NTPC on Tuesday said it has signed term loan agreements for Rs 3,000 crore to part finance its capital expenditure.

Syndicate Bank Q2 Net declines 33% to Rs 315 crore

The bank had registered net profit of Rs 470.12 crore during the July-September quarter of FY14, it said in a BSE filing.

Govt scraps selection of 6 UPA-nominated bank CMDs

A Finance Ministry statement said future vacancies of chairman and managing directors (CMDs) as well as executive directors of PSU banks will now be filled through a new selection process.

Suspended Syndicate Bank CMD, others gets bail in bribery case

Syndicate Bank's suspended CMD S K Jain and five others were on Wednesday granted bail by a Delhi court after the CBI failed to file charge sheet against them in the stipulated period of 60 days in a bribery case.

Syndicate Bank bribery case: Court grants bail to 3 accused

A Delhi court on Saturday granted bail to Bhushan Steel Ltd Vice Chairman and Managing Director Neeraj Singal, CMD of Prakash Industries Limited Ved Prakash Agarwal and one other accused, arrested in connection with the Syndicate Bank bribery case.

Syndicate Bank bribery case: Accused in judicial remand

A special court on Wednesday remanded in judicial custody till September 30 Syndicate Bank's suspended CMD S K Jain, Bhushan Steel Ltd Vice Chairman and Managing Director Neeraj Singal and others.

Former Syndicate Bank MD sent to judicial custody

CBI Special Judge Swarna Kanta Sharma remanded Jain and middleman Vineet Godha to a day`s judicial custody and refused to grant two days of custodial interrogation of the two. 

Syndicate Bank terminates service of SK Jain as CMD

Syndicate Bank's has terminated the service of its suspended CMD S K Jain who has been accused in a bribery case.

Syndicate Bank bribery case: Court reserves order on CBI's plea

A special court on Friday reserved its order till September 23 on CBI's plea seeking voice sample of five accused, including suspended Chairman-cum-Managing Director of Syndicate Bank S K Jain and CMD of Prakash Industries Ltd Ved Prakash Agarwal, in a bribery case.

Syndicate Bank bribery case: HC's notice to CBI on bail plea of accused

The trial court had refused to grant him the relief saying the probe into the case was at a "crucial stage".

Syndicate Bank bribery case: Court extends JC till September 24

A Delhi court on Thursday extended till September 24 the judicial custody of Syndicate Bank CMD Sudhir Kumar Jain, Bhushan Steel Limited Vice Chairman and MD Neeraj Singal and nine others who were arrested by CBI in connection with a bribery case.

Syndicate Bank case: Neeraj Singal seeks bail, CBI to respond

A special court Tuesday sought the response of CBI on the bail application filed by Bhushan Steel Limited Vice Chairman and Managing Director Neeraj Singal, who along with others including Syndicate Bank CMD Sudhir Kumar Jain, was arrested in a bribery case.

Syndicate Bank case: Bail of 2 accused rejected

A court here Monday rejected bail plea of two accused allegedly involved in the Syndicate Bank bribery case.