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Syndicate Bank

Yes Bank board member Mukesh Sabharwal resigns

Sabharwal was appointed as the board member of the bank on April 25, 2012, and has spent over 7 years with the Yes Bank. 

Jun 12, 2019, 10:22 AM IST

RBI penalises UCO Bank, Axis Bank and Syndicate Bank

RBI penalised the banks over deficiencies in complying with different regulatory norms.

Feb 06, 2019, 17:49 PM IST

Rs 10,253-crore agri loan by Syndicate Bank turned NPAs in last 5 fiscals: RTI reply

Noida-based engineer and RTI activist Amit Gupta had sought to know from the bank the amount of loans given to farmers till 2018 and how much of that had turned NPAs till last year.

Jan 09, 2019, 10:28 AM IST

Syndicate Bank to raise up to Rs 500 crore via ESPS

The committee has fixed the issue price at Rs 33.67 per share.

Dec 21, 2018, 11:43 AM IST

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

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

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

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

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

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 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

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

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

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

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