Syndicate Bank

Syndicate Bank cuts MCLR by 0.05% for select tenors

Syndicate Bank cuts MCLR by 0.05% for select tenors

The new MCLR rate will take effect from December 10.

Dec 09, 2017, 16:04 PM IST
Govt appoints executive directors in 9 public sector banks

Govt appoints executive directors in 9 public sector banks

Bajrang Singh Shekhawat has been appointed executive director of Central Bank of India.

Oct 10, 2017, 14:53 PM IST

Ajay Vipin Nanavati appointed chairman of Syndicate Bank

In 2015, the government had bifurcated the posts of chairman and managing directors in public sector banks.

Aug 21, 2017, 17:48 PM IST
12 PSU banks firming plans to raise funds from markets

12 PSU banks firming plans to raise funds from markets

Board of PNB has given its approval for raising equity capital to the tune of Rs 3,000 crore through FPO, QIP or rights issue.

Aug 06, 2017, 16:53 PM IST
Syndicate Bank reports net loss of Rs 263 crore in Q1

Syndicate Bank reports net loss of Rs 263 crore in Q1

The total income during the first quarter of 2017-18 also fell to Rs 6,171.49 crore, as against Rs 6,419.12 crore in the year-ago period, the bank said in a regulatory filing.

Aug 05, 2017, 18:12 PM IST

ED questions VK Singh's aide SP Singh over loan default case

The Enforcement Directorate is likely to freeze the 30 crore loan amount or property of SP Singh.

Oct 12, 2016, 12:46 PM IST
Syndicate Bank case: CBI files charge sheet in Rs 1000 crore scam

Syndicate Bank case: CBI files charge sheet in Rs 1000 crore scam

The CBI Tuesday filed a charge sheet against a former Chief Manager of Syndicate bank and four others in an alleged scam of over Rs 1,000 crore committed by using fake cheques, letters of credit and LIC policies to withdraw money.

Jun 14, 2016, 19:49 PM IST

India's 10 largest public sector banks

Checkout India's 10 largest public sector banks

Jun 03, 2016, 12:37 PM IST

Syndicate Bank issues Rs 500-crore Basel-3 compliant bonds

Public sector Syndicate Bank on Saturday said it has issued unsecured, non-convertible Basel-III compliant bonds to raise Rs 500 crore.

Apr 02, 2016, 19:32 PM IST
Syndicate Bank to raise Rs 217 crore by share sale to LIC

Syndicate Bank to raise Rs 217 crore by share sale to LIC

Public sector lender Syndicate Bank will raise over Rs 217 crore by allotting preferential shares to LIC to shore up capital to meet Basel III norms.

Mar 28, 2016, 18:53 PM IST
CBI arrests CA, realtor in Rs 1000 crore Syndicate Bank case

CBI arrests CA, realtor in Rs 1000 crore Syndicate Bank case

CBI on Saturday arrested a Rajasthan- based Chartered Accountant (CA) and a real estate agent in connection with its probe into the Rs 1,000 crore Syndicate Bank fraud case. 

Mar 19, 2016, 11:27 AM IST
Crisil downgrades 8 PSBs, puts Syndicate Bank on negative watch

Crisil downgrades 8 PSBs, puts Syndicate Bank on negative watch

Credit rating agency Crisil Thursday downgraded eight PSBs including Bank of India and Canara Bank, following deterioration in their asset quality and also revised the outlook on five of them to negative.

Mar 10, 2016, 23:45 PM IST
Syndicate Bank fraud: CBI books 5 bank officials, 4 businessmen in Rs 1,000-cr scam

Syndicate Bank fraud: CBI books 5 bank officials, 4 businessmen in Rs 1,000-cr scam

The executives and the businessmen have been named in an FIR registered by the CBI after which it carried out searches Tuesday at 10 locations spread in three cities--Delhi NCR, Jaipur and Udaipur.

Mar 09, 2016, 00:48 AM IST
Syndicate Bank fraud case: CBI conducts searches at 10 branches, stock falls

Syndicate Bank fraud case: CBI conducts searches at 10 branches, stock falls

The Central Bureau of Investigation on Tuesday carried out searches at 10 locations in Jaipur, Udaipur and Delhi in connection with alleged fraud of Rs 1,000 crore in Syndicate Bank.

 

Mar 08, 2016, 13:22 PM IST
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.

Oct 03, 2015, 18:04 PM IST

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.

Jul 28, 2015, 14:24 PM IST

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.

Jun 05, 2015, 19:33 PM IST

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.

May 09, 2015, 15:27 PM IST

Syndicate Bank raises Rs 400 cr

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

Mar 23, 2015, 17:58 PM IST

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.

Jan 05, 2015, 17:58 PM IST