syndicate | Udaipur Kiran

Syndicate Bank reports net loss of Rs 1543 crore in Q2

1 Nov 2018 11:27 AM by Bhupendra Singh Chundawat

Syndicate Bank has reported results for second quarter ended September 30, 2018. The Bank has reported net loss of Rs 1542.54 crore for the quarter under review as against net profit of Rs 105.24 crore for the same quarter in the previous year. Total income of the Bank decreased by 8.26% at Rs 5,888.87 crore … Read more

Syndicate Bank gets capital infusion of Rs 728 crore from government

23 Oct 2018 11:17 AM by Bhupendra Singh Chundawat

Syndicate Bank has received capital infusion of Rs 728 crore from the government in lieu of preferential allotment of shares. The finance ministry had conveyed to the bank on October 17 of getting government sanction for release of Rs 728 crore towards contribution of the preferential allotment of equity shares during 2018-19 under plan as … Read more