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syndicate bank (SNDB) Details

Syndicate Bank provides banking products and services to corporate, small and medium enterprises, and retail customers in India. The company offers deposit products that comprise savings bank accounts, current accounts, and term deposits. It also provides retail, agricultural, SME, and other priority sector loans. In addition, the company offers corporate finance, such as working capital finance; export credit; term loan finance; project finance that includes infrastructure projects; loan against future rent receivables; and project appraisal and syndication services. Further, it provides online will writing, Aadhaar seeding, NEFT/RTGS, online tax payment, online shopping and utility bill payment, online income tax return, e-passbook, and customer care services. Additionally, the company offers Internet, mobile, SMS, and Tab banking services; debit and credit cards; cash management and capital market services; life insurance; non-life insurance products comprising mediclaim policy, home care policy, fire policy/stock/machinery/building insurance, burglary insurance, shopkeepers insurance, vehicle insurance, and electronic equipment insurance; mutual fund services; and De-mat services consisting of online trading and NSE market tracker services. Syndicate Bank also provides customer education services; and international banking products, such as non-resident (external) rupee, non-resident ordinary rupee, resident foreign currency, and foreign currency non-resident accounts, as well as manages exchange companies. As of March 31, 2018, it operated 4012 branches, including 1,239 rural, 1,127 semi-urban, 813 urban, and 833 metro branches in India; and 1 branch in London, as well as 4,248 ATMs. The company was formerly known as Canara Industrial and Banking Syndicate, Ltd. and changed its name to Syndicate Bank in 1963. Syndicate Bank was founded in 1925 and is headquartered in Manipal, India.

34,054 Employees
Last Reported Date: 06/1/19
Founded in 1925

syndicate bank (SNDB) Top Compensated Officers

MD, CEO & Director
Total Annual Compensation: --
Executive Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2019.
syndicate bank
Syndicate Bank, Q4 2019 Earnings Call, May 13, 2019

Syndicate Bank, Q4 2019 Earnings Call, May 13, 2019

Syndicate Bank Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Full Year Ended March 31, 2019

Syndicate Bank reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2019 and audited consolidated earnings results for the full year ended March 31, 2019. For the quarter, on standalone basis, the company reported total income of INR 63,452.2 million against INR 60,460.0 million a year ago. Operating profit was INR 10,569.6 million against INR 9,341.5 million a year ago. Net profit for the period was INR 1,280.2 million or INR 0.72 per basic share before and after extraordinary items against net loss for the period of INR 21,951.2 million or INR 20.67 per basic share before and after extraordinary items a year ago. For the year, on standalone basis, the company reported total income of INR 239,492.2 million against INR 245,818.5 million a year ago. Operating profit was INR 28,191.9 million against INR 38,638.5 million a year ago. Net loss for the period was INR 25,883.0 million or INR 17.12 per basic share before and after extraordinary items and INR 17.11 per diluted share before and after extraordinary items against INR 32,228.4 million or INR 34.00 per basic and diluted share before and after extraordinary items a year ago. For the year, on consolidated basis, the company reported total income of INR 240,127.5 million against INR 246,912.8 million a year ago. Operating profit was INR 28,835.0 million against INR 39,757.1 million a year ago. Net loss for the period was INR 25,242.0 million or INR 16.70 per basic share before and after extraordinary items and INR 16.68 per diluted share before and after extraordinary items against INR 31,116.9 million or INR 32.83 per basic and diluted share before and after extraordinary items a year ago.

Syndicate Bank to Report Q4, 2019 Results on May 10, 2019

Syndicate Bank announced that they will report Q4, 2019 results on May 10, 2019

 

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