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Syndicate Bank chairman and CEO Mrutyunjay Mahapatra @mmahapatra is aiming at bringing down the gross NPA to below 12% and the net NPA to below 6% in the current year from the existing level of 12.5 and 6 .5 % respectively. He further said the bank has made a profit in the third quarter after loss […]
Public sector Syndicate Bank has hinted to launch the proposed Employee Share Purchase Scheme (ESPS) in the first week of March at discounted rates. Discounts on ESPS will range from 23 to 25 per cent, based on seniority and designations.It is believed that the employees at lower scale will be getting the maximum discount. More […]
RBI has decided to pay Rs 28,000 Crore as interim surplus to Government of India for the half-year ended December 2018. This is the second successive year that the RBI will be transferring an interim surplus. The total receipts from the RBI as surplus transfer to Government in 2018-19 to ₹68,000 crore. Reserve Bank of India […]
Finance Minister Arun Jaitley has once again advocated for the merger of more Public Sector Banks. He batted for merger at RBI Central Board post-budget meeting. He said that India needs fewer banks and mega banks which are strong to help the needs of common man. He said economies of scale are of great help in […]
FactCheck “Army Welfare Battle Casualities Bank Account with SyndicateBank” – A viral message spreading around the social meida is claiming that the Modi government has now launched a new scheme “exclusively” for battle casualties and weapon purchase. The message is spreading around and people are conscious about genuiness of the account mentioned in the viral message. […]
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Syndicate Bank Yatra.com Offers – Use your Syndicate Bank Debit Cards & Credit Card for Booking flight tickets on Yatra.com and get Flat 7% OFF (Max Rs 1500). The minimum booking amount is Rs 2000. Use the Coupon Code “RUPYT” and make payment using SyndicateBank Debit Cards & Credit Cards. This offer is valid on both Yatra.com […]
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