Syndicate Bank
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Ex-Syndicate Bank Chief Reveals Salary Mentioned In His 1977 Tata Offer Letter
But despite holding higher-paying offers from other firms, Nanavati chose to accept the Tata offer due to the prestige of working inside Bombay House.
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Delhi Cops Bust Fake KYC Updates Scam Targeting Bank Customers, 4 Arrested
The Delhi Police has busted a major multi-state cyber-fraud syndicate allegedly involved in duping bank customers on the pretext of updating their KYC details and arrested four men from Jharkhand and West Bengal, an official said on Saturday.
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This Bank Cut Interest Rate On Savings Account By 0.5%: Details Here
The bank has revised rate of interest on savings bank deposits with effect from October 10 to 3.50 per cent from 4 per cent existing rate
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Bank of Baroda, Anant Raj, Muthoot Finance in Focus Today
The Nifty opened lower on Monday as indicated by futures trade on Singapore Stock Exchange. Foreign investors had sold stocks worth Rs 1,134 crore on Friday. But however domestic investors offset the selling as they bought stocks worth more than Rs 1,335 crore in cash market. Markets are likely to witness some short covering today on the back of re...
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Syndicate Bank Raises Rs 930 Crore Via Basel III Compliant Bonds
Syndicate Bank has invited bids for issue size of Rs 500 crore with green shoe option of Rs 430 crore limiting the aggregate issue size to Rs 930 crore. The issue closed on July 14.
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Syndicate Bank Seeks Government Nod for Rs 1,100 Crore QIP
Syndicate Bank has sought the government's approval to raise Rs 1,100 crore through qualified institutional placement (QIP) route.
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Syndicate Bank To Raise Rs 3,500 Crore In Rights Issue
The bank had posted a profit for the March quarter of even though its non-performing assets rose.
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Intermediate Mechanism For NPA Resolution On Anvil: Vinod Rai
"Pricing is the commercial judgement of the institution. And I don't think it would be fair to have an outside agency take that decision," Mr Rai said.
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Syndicate Bank Cuts Lending Rate
The public sector bank has reduced marginal cost of funds-based lending rate (MCLR) by 0.7 per cent to 8.75 per cent for 1 year tenor, Syndicate Bank said in a filing on stock exchanges.
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Kingfisher Loan Default Only a 'Trickle': Vinod Rai
As industrialist Vijay Mallya fights his wilful defaulter tag, former Comptroller and Auditor General (CAG) Vinod Rai has said Kingfisher Airlines' loan default is just a "trickle" and the overall problem of huge bad loans at public sector banks can be blamed on 'cronies' using connections to borrow money.
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Sensex, Nifty Fall Most in Nearly 5 Weeks on Fed, China Woes
The BSE Sensex and Nifty fell nearly 1 per cent on Monday, posting their biggest single-day decline in nearly five weeks as blue chips declined on anxiety after China's factory output slowed and caution ahead of the Federal Reserve meeting this week.
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Syndicate Bank Chief SK Jain Sacked
Mr Jain, who is in CBI (Central Bureau of Investigation) custody presently, was arrested by the CBI on August 2.
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S&P Maintains 'Negative' Outlook for Syndicate Bank
Global rating agency Standard and Poor's warned on Friday that it could downgrade rating of crisis-ridden Syndicate Bank if its asset quality deteriorates. It has issued a similar warning for Indian Overseas Bank (IOB).
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IFCI Invokes 1 Lakh Shares of Bhushan Steel
Financial institution IFCI Ltd has invoked one lakh shares in Bhushan Steel that were pledged by the debt-ridden company's promoter Neeraj Singal.
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Syndicate Bank Q1 Profit Up 7% at Rs 485 Crore
Total income of the bank rose to Rs 5,523.08 crore as against Rs 4,726.18 crore in the same quarter a year ago, Syndicate Bank chairman and managing director Sudhir Kumar Jain said here.
-
Ex-Syndicate Bank Chief Reveals Salary Mentioned In His 1977 Tata Offer Letter
But despite holding higher-paying offers from other firms, Nanavati chose to accept the Tata offer due to the prestige of working inside Bombay House.
-
Delhi Cops Bust Fake KYC Updates Scam Targeting Bank Customers, 4 Arrested
The Delhi Police has busted a major multi-state cyber-fraud syndicate allegedly involved in duping bank customers on the pretext of updating their KYC details and arrested four men from Jharkhand and West Bengal, an official said on Saturday.
-
This Bank Cut Interest Rate On Savings Account By 0.5%: Details Here
The bank has revised rate of interest on savings bank deposits with effect from October 10 to 3.50 per cent from 4 per cent existing rate
-
Bank of Baroda, Anant Raj, Muthoot Finance in Focus Today
The Nifty opened lower on Monday as indicated by futures trade on Singapore Stock Exchange. Foreign investors had sold stocks worth Rs 1,134 crore on Friday. But however domestic investors offset the selling as they bought stocks worth more than Rs 1,335 crore in cash market. Markets are likely to witness some short covering today on the back of re...
-
Syndicate Bank Raises Rs 930 Crore Via Basel III Compliant Bonds
Syndicate Bank has invited bids for issue size of Rs 500 crore with green shoe option of Rs 430 crore limiting the aggregate issue size to Rs 930 crore. The issue closed on July 14.
-
Syndicate Bank Seeks Government Nod for Rs 1,100 Crore QIP
Syndicate Bank has sought the government's approval to raise Rs 1,100 crore through qualified institutional placement (QIP) route.
-
Syndicate Bank To Raise Rs 3,500 Crore In Rights Issue
The bank had posted a profit for the March quarter of even though its non-performing assets rose.
-
Intermediate Mechanism For NPA Resolution On Anvil: Vinod Rai
"Pricing is the commercial judgement of the institution. And I don't think it would be fair to have an outside agency take that decision," Mr Rai said.
-
Syndicate Bank Cuts Lending Rate
The public sector bank has reduced marginal cost of funds-based lending rate (MCLR) by 0.7 per cent to 8.75 per cent for 1 year tenor, Syndicate Bank said in a filing on stock exchanges.
-
Kingfisher Loan Default Only a 'Trickle': Vinod Rai
As industrialist Vijay Mallya fights his wilful defaulter tag, former Comptroller and Auditor General (CAG) Vinod Rai has said Kingfisher Airlines' loan default is just a "trickle" and the overall problem of huge bad loans at public sector banks can be blamed on 'cronies' using connections to borrow money.
-
Sensex, Nifty Fall Most in Nearly 5 Weeks on Fed, China Woes
The BSE Sensex and Nifty fell nearly 1 per cent on Monday, posting their biggest single-day decline in nearly five weeks as blue chips declined on anxiety after China's factory output slowed and caution ahead of the Federal Reserve meeting this week.
-
Syndicate Bank Chief SK Jain Sacked
Mr Jain, who is in CBI (Central Bureau of Investigation) custody presently, was arrested by the CBI on August 2.
-
S&P Maintains 'Negative' Outlook for Syndicate Bank
Global rating agency Standard and Poor's warned on Friday that it could downgrade rating of crisis-ridden Syndicate Bank if its asset quality deteriorates. It has issued a similar warning for Indian Overseas Bank (IOB).
-
IFCI Invokes 1 Lakh Shares of Bhushan Steel
Financial institution IFCI Ltd has invoked one lakh shares in Bhushan Steel that were pledged by the debt-ridden company's promoter Neeraj Singal.
-
Syndicate Bank Q1 Profit Up 7% at Rs 485 Crore
Total income of the bank rose to Rs 5,523.08 crore as against Rs 4,726.18 crore in the same quarter a year ago, Syndicate Bank chairman and managing director Sudhir Kumar Jain said here.
