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Syndicate Bank Ltd (SBNK.NS)

SBNK.NS on National Stock Exchange of India

65.85INR
22 Sep 2017
Change (% chg)

Rs-2.65 (-3.87%)
Prev Close
Rs68.50
Open
Rs68.05
Day's High
Rs68.15
Day's Low
Rs65.50
Volume
1,738,179
Avg. Vol
3,142,930
52-wk High
Rs95.00
52-wk Low
Rs59.20

Latest Key Developments (Source: Significant Developments)

Syndicate Bank NIM (domestic) was 3.16 pct at Q4 FY 2016-17
Tuesday, 9 May 2017 07:39am EDT 

May 9 (Reuters) - Syndicate Bank Ltd :Says NIM (domestic) improved from 2.50% as at Q4 FY 2015-16 to 3.16% as at Q4 FY 2016-17.  Full Article

India's Syndicate Bank posts March-qtr profit
Tuesday, 9 May 2017 03:22am EDT 

May 9 (Reuters) - Syndicate Bank Ltd :March quarter net profit 1.04 billion rupees versus net loss 21.58 billion rupees year ago.March quarter interest earned 57.88 billion rupees versus 56.82 billion rupees year ago.March quarter provisions 12.68 billion rupees versus 23.83 billion rupees year ago.March quarter gross NPA 8.50 percent versus 8.69 percent previous quarter.March quarter net NPA 5.21 percent versus 5.63 percent previous quarter.  Full Article

Syndicate Bank reports Dec-qtr profit
Tuesday, 31 Jan 2017 02:41am EST 

Syndicate Bank Ltd : Dec quarter net profit 935.6 million rupees versus net loss 1.20 billion year ago . Dec quarter interest earned 55.68 billion rupees versus 56.37 billion rupees year ago . Dec quarter provisions 7.85 billion rupees versus 8.60 billion rupees year ago . Dec quarter of gross npa 8.69 percent versus 7.72 percent previous quarter .Dec quarter of net NPA 5.63 percent versus 5.03 percent previous quarter.  Full Article

Syndicate Bank Sept-qtr profit down 75 pct
Wednesday, 26 Oct 2016 03:18am EDT 

Syndicate Bank Ltd : Sept quarter net profit 824.2 million rupees versus profit of 3.32 billion rupees year ago . Sept quarter interest earned 57.83 billion rupees versus 60.56 billion rupees year ago . Sept quarter provisions 8.64 billion rupees versus 4.40 billion rupees year ago . Sept quarter gross NPA 7.72 percent versus 7.53 percent previous quarter . Sept quarter net NPA 5.03 percent versus 5.04 percent previous quarter .Says provision coverage ratio as on sept 30, 2016 stood at 53.69 percent.  Full Article

Syndicate Bank approves share issue of up to 7.76 bln rupees to India govt
Thursday, 4 Aug 2016 02:48am EDT 

Syndicate Bank Ltd : Board approves issue of shares of up to 7.76 billion rupees to India government .  Full Article

Syndicate Bank June-qtr profit down about 74 pct
Thursday, 28 Jul 2016 04:36am EDT 

Syndicate Bank Ltd : Says June-quarter net profit 791.3 million rupees versus profit of 3.02 billion rupees year ago . Says June-quarter interest earned 58.65 billion rupees versus 58.23 billion rupees year ago . Says June-quarter gross NPA 7.53 percent versus 6.70 percent previous quarter . Says June-quarter provisions 6.73 billion rupees versus 4.81 billion rupees year ago . Says June-quarter net NPA 5.04 percent versus 4.48 percent previous quarter .  Full Article

Syndicate Bank seeks members' nod to issue shares via QIP of up to 17 bln rupees
Friday, 27 May 2016 02:45am EDT 

Syndicate Bank Ltd : Seeks members' nod to create, offer, issue and allot by way of a QIP, equity shares of bank of up to 17 billion rupees .  Full Article

Syndicate Bank approves raising equity capital up to 17 bln rupees during FY 2016-2017
Thursday, 19 May 2016 01:01am EDT 

Syndicate Bank Ltd : Board approved to raise equity capital up to 17 billion rupees during financial year 2016-2017 . Board approved to raise Basel III Complaint Additional Tier 1 bonds upto INR 10 billion, Tier II bonds upto INR 16 billion in FY 2016-17 .  Full Article

Syndicate Bank posts March-qtr loss
Tuesday, 17 May 2016 05:21am EDT 

Syndicate Bank Ltd : Says March-quarter net loss 21.58 billion rupees versus profit of 4.17 billion rupees year ago . Says March-quarter interest earned 56.82 billion rupees versus 58.05 billion rupees year ago . Says March-quarter provisions 24.12 billion rupees versus 7.15 billion rupees year ago . Says March-quarter gross NPA 6.70 percent versus 4.61 percent previous quarter . Says March-quarter net NPA 4.48 percent versus 3.04 percent previous quarter . March-quarter exceptional items represents write off of 8.83 billion rupees on account of major fraud discovered at 3 branches in jaipur .  Full Article

Syndicate Bank says India govt raises stake in co by 4.15 pct
Friday, 13 May 2016 06:28am EDT 

Syndicate Bank Ltd : India government raises stake in co by 4.15 percent to 69.32 percent .  Full Article

BRIEF-India's Syndicate Bank cuts six month MCLR to 8.25 pct w.e.f. Sept 10

* Says review & revision in marginal cost of funds based lending rate (MCLR), base rate and BPLR with effect from 10.09.2017