Latest News on Syndicate Bank
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Syndicate Bank - Total results - 84
Jan 03, 2019
Syndicate Bank to raise up to Rs 500 cr by issuing shares to staff; to hold meeting on 7 JanuarySyndicate Bank said it would "raise equity share capital up to Rs 500 crore by creating, granting offer, issuing and allotting up to 30,00,00,000 new equity shares of face value of Rs 10 each to the eligible employees of the bank."
Dec 19, 2018
After negative growth, Syndicate bank expects 2% growth this year, says CEO Mrutyunjay MahapatraSyndicate Bank had de-grown in the last six months (two quarters) this fiscal of 2018-19, particularly due to some NPAs and also due to waivers of loans in agriculture sector, Mahapatra told reporters
Sep 24, 2018
Padmaja Chunduru assumes charge as Indian Bank's managing director and CEOEarlier, Padmaja Chunduru served State Bank of India as its deputy managing director (global markets), Mumbai
Sep 20, 2018
Narendra Modi govt appoints MDs, CEOs in 10 nationalised banks; five of them from SBIMrutyunjay Mahapatra and Padmaja Chundru, both deputy managing directors in State Bank of India (SBI), have been appointed as managing director and chief executive officer of Syndicate Bank and Indian Bank respectively,
Sep 11, 2018
ICICI Bank files insolvency plea against Jaiprakash Associates in NCLT; matter to be heard on 17 SeptemberIf NCLT allows the plea of the ICICI bank, then this will be the second company of the crisis hit Jaypee group facing insolvency.
Aug 10, 2018
Bhushan Steel case: SFIO arrests former promoter and vice chairman Neeraj Singhal for fund diversionBhushan Steel is one of the 12 big cases that had been referred for insolvency resolution by banks.
Aug 07, 2018
Syndicate Bank's June quarter net loss widens to Rs 1,282 cr; bad loans rise to 12.59%In value terms, Syndicate Bank's gross NPAs stood at Rs 26,361.52 crore at 30 June this year, as against Rs 20,183.85 crore a year ago.
Jun 25, 2018
Thirty-four in fray for managing director post in PSBs; Banks Board Bureau to hold interviews from 28 JuneThe Banks Board Bureau (BBB), the advisory body formed by the government for selection of candidates for top level board appointment, will interview as many as 34 executive directors, deputy managing directors and other eligible senior officials.
May 21, 2018
PSB stocks in demand as investors cheer Tatas' acquisition of debt-laden Bhushan SteelShares of public sector banks surged up to 5.3 percent on Monday as investors cheered the acquisition of debt-laden Bhushan Steel under the Insolvency and Bankruptcy Code (IBC) framework that will reduce bad loans of PSBs
Apr 03, 2018
Bank stocks climb up to 5% after RBI allows lenders to spread bond trading losses over four quartersThe Reserve Bank of India (RBI) on Monday allowed banks to spread provisions for bond losses in the third and fourth quarters of FY18 over the next four quarters