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Syndicate bank News
On lines of SBI, these PSUs to offer repo rate linked home, auto consumer loans soon
Tue, Aug 13, 2019
To address this complaint of customers, many government banks have now decided to offer repo rate linked products, in which the rate of interest will be on lines of RBI's rate cut.
After SBI, OBC, Syndicate Bank cuts MCLR across tenors by 5 basis points
Sat, Jul 13, 2019
The benchmark one-year MCLR, which forms the basis of most consumer and personal loans will be at 8.6 per cent as compared with 8.65 per cent currently, said the bank statement.
HDFC Bank named India's No. 1 bank; Is your bank in this prestigious Forbes list? Find out
Thu, Apr 11, 2019
In Forbes magazines' 'World's Best Bank' survey HDFC Bank emerged as India’s No 1 bank. the survey was done in partnership with market research firm Statista.
Syndicate Bank recruitment 2019: Fresh vacancies, last date April 18 - Apply on syndicatebank.in
Sun, Mar 31, 2019
Syndicate Bank recruitment 2019: Syndicate Bank has invited applications for 129 Specialist Officer posts.
Syndicate Bank Recruitment 2019: Apply for Specialist Officers post at syndicatebank.in
Thu, Mar 28, 2019
Syndicate Bank Recruitment 2019: Candidates after selection can be posted at Syndicate Bank's branches spread across the country. Candidates will be selected on the basis of written exam followed by GD and Interview.
Government's bank recap drive not enough for PSBs, Fitch reveals massive amount needed
Wed, Feb 27, 2019
In Fitch’s view, the authorities' approach to the banking sector has clearly shifted towards spurring lending in recent months.
Syndicate Bank hopes to recover Rs 1,500 crore from non-performing assets
Sat, Jan 12, 2019
Currently, the bank has a total business of roughly around Rs 4.80 lakh crore, comprising deposits of about Rs 2.50 lakh crore and advances of around Rs 2.15 lakh crore.
Syndicate Bank& SBI Life Insurance sign a bancassurance pact to offer financial planning solution to its customers
Wed, Jan 02, 2019
Syndicate Bank and SBI Life Insurance Wednesday announced that they have signed a bancassurance pact to offer a comprehensive financial planning solution to its customers.
Capital infusion: Govt infuses Rs 10,882 crore in four PSU banks
Mon, Dec 31, 2018
The bank has received Rs 3,074 crore in the equity by way of preferential allotment on Monday, UCO Bank said in a regulatory filing. Besides, Bank of Maharashtra got Rs 4,498 crore, Syndicate Bank Rs 1,632 crore and Central Bank of India Rs 1,678 crore.
Bank of Maharashtra appoints A S Rajeev as MD, CEO
Sun, Dec 02, 2018
Rajeev is having about three decades of professional experience in three Banks - Syndicate Bank, Vijaya Bank and Indian Bank.
Syndicate Bank raises MCLR by up to 0.15 pc
Sat, Nov 10, 2018
The interest rate for different categories of borrowers are pegged at the marginal cost of funds based lending rate (MCLR).
Syndicate Bank vs OBC lending rate hiked; will you benefit? Find out
Thu, Oct 11, 2018
Interest rates for Syndicate Bank’s loan tenure of three months have been hiked to 8.50% from 8.40% earlier. However, the interest rates for loan tenors of overnight, one month, six months and one year remain unchanged to 8.30%, 8.35%, 8.60%, and 8.80%, respectively.
PNB+Indian Bank+IOB and Canara+Syndicate+UCO mergers next? What BoB, Vijaya, Dena bank merger says
Tue, Sep 18, 2018
Centre will merge these banks next? As per this BoB, Vijaya, Dena Bank merger ''formula'', the answer is in the affirmative. The likely targets? PNB, Indian Bank, IOB; Canara, Syndicate, UCO
Have account with Syndicate Bank? Check out massive losses
Tue, Aug 07, 2018
Syndicate Bank said its net losses have widened to Rs 1,281.77 crore during the first quarter ended June of the current fiscal as bad loans rose. It had posted a loss of Rs 263.19 crore a year ago. Income also fell to Rs 5,637.51 crore during the June quarter of 2018-19, as against Rs 6,171.49 crore a year ago.
FAST MONEY: YES Bank, CG Power among top intraday trading ideas
Mon, Jul 30, 2018
The Sensex and Nifty are expected to open flat on Monday after Asian markets drifted lower while currencies kept to familiar ranges ahead of a busy week peppered with central bank meetings, corporate results and updates on US inflation and payrolls.
Recruitment 2018: Syndicate Bank invites applications on syndicatebank.in for Ombudsman in Bengaluru
Wed, Jul 04, 2018
Recruitment 2018: Syndicate Bank has issued a notification to fill up the post of Internal Ombudsman in Bengaluru
Hero MotoCorp, ITC among top stocks hogging limelight in Tuesday's trade
Tue, Jul 03, 2018
The Sensex and Nifty are expected to open flat tracking mixed trend in Asian markets as sentiment remained fragile in the face of tense trade relations between the United States and major economies, with investors braced for another potentially rocky day for Chinese markets.
Nifty PSU Bank top sectoral gainer; PNB, Syndicate Bank, Bank of Baroda rally up to 4%
Mon, Jun 11, 2018
Nifty PSU bank index gained as much as 1.9 per cent to its highest since April 10. Fraud-hit Punjab National Bank was the top gainer on the index, rising as much as 4.7 per cent to Rs 94.70 rupees, highest in over a month.
Rs 1055 cr Syndicate Bank: ED attaches Rs 184.68-cr worth assets of Rajasthan CA, others
Thu, May 17, 2018
Rs 1055 cr Syndicate Bank Bank: The Enforcement Directorate (ED) today said it has attached assets worth Rs 184.68 crore of Rajasthan-based Chartered Accountant (CA) and others in connection with its probe into an alleged bank fraud worth over Rs 1,000 crore.
Syndicate Bank share price cracks 12% to hit lowest in 9 years
Wed, May 16, 2018
Syndicate Bank's provisioning requirement for bad assets were raised by nearly three times during the March quarter to Rs 3,544.68 crore as against Rs 1,192.54 crore in the same period previous fiscal, it said in a regulatory filing.