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Syndicate Bank

Company nameSyndicate Bank Ltd.
Company typePublic
SloganFaithful and Friendly (English) & Viswasaneeya Hitheshi (Sanskrit)
IndustryBanking
Financial services
FoundedUdupi, 1925 (as Canara Industrial and Banking Syndicate Limited)
HeadquartersManipal, Karnataka, India
Key peopleBasant Seth
(Chairman& MD)
ProductsFinance and insurance
Consumer Banking
Corporate Banking
Investment Banking
Investment Management
Private Equity
Mortgages
Credit Cards
Revenue(+) 11000 Crore (2010)
Employees25,569 (2010)

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Syndicate Bank Ltd. (BSE - 532276, NSE - SYNDIBANK) is one of the oldest and major commercial banks of India. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The bank, along with 13 major commercial banks of India, was nationalized on 19 July 1969, by the Government of India.

Syndicate Bank Video

Has HSBC Bank breached it's defence lending policy? HSBC Bank Public Interest Disclosure - Defence Policy Breach? Lack of transparency or shareholder deception?What do you think? Hellfire Trident D5 Missiles....... As a matter of public interest, I Andrew Botte as an employee of HSBC Bank (HSBC Holdings Plc), wish to inform the media / public that I did on the 27th of April 2011 at 1.43pm, make what I deem to be a 'good faith' protected disclosure to HSBC Group Chairman Douglas Flint by email. Within my email I stated my concern for the Bank's reputation, in that I believed the Bank's lending / defence policy & procedure may have been breached, concerning a HSBC Bank led (sole arranger) US revolving credit facility (USD 900 Million), of which HSBC Bank holds 120 Million USD, as part of a syndicate credit facility provided to a US based company. I would like to stress at no point did my concern extend to the company in question or any wrong doing on their part. The US company in question is a perfectly successful and legitimate business - my concern was based around should we have lent? And had internal policy or procedure been breached? The company in question is a global designer, manufacturer and integrator of high performance precision motion and fluid controls and systems for the aerospace, defence, industrial and medical markets. I went on to suggest the Group Chairman may like to take a closer look at the company's website, to gain a better understanding of what the <b>...</b>
2.32 min. | 3.66 user rating
0.33 min. | 0 user rating		 Warning over EFTPOS & ATM... scam -------------------------------------------------------------------------------- Reporter: Jackie Quist Broadcast Date: July 15, 2010 Retailers around the country are carrying out major security checks after it was discovered crime gangs have infiltrated the EFTPOS system. Police believe criminals are bribing shop workers in return for access to EFTPOS terminals as part of the elaborate scam. They believe criminals have stolen as much as $80 million from Australian bank accounts over the past year. They say syndicate members have tampered with EFTPOS terminals at more than 100 businesses nationally. Related stories Credit card fraud Online scams Avoiding phone scams The syndicates install cameras in ceilings to film people entering their identification numbers. Detective Senior Sergeant Bill Nash from the Major Fraud Squad said the criminals retrieve card numbers from the terminals, then create new bank cards and use them to withdraw cash from ATMs. "Once the console operator agrees to this, there's a down payment to allow the compromise to take place," he said. "The final payment might be something like $40000. "Unfortunately that's the end of the trail and by the time police are notified, these villains are out of the country." The syndicate members who have flown in, mostly from Britain and Canada, have escaped with vast sums of stolen cash. "It's in the multi-million dollars that's been withdrawn throughout Australia in the last 12 to <b>...</b>
1.77 min. | 0 user rating		 Bharti Axa Life Insurance may soon have a new partner. Syndicate bank is in active talks to buy a 20-25% stake in the life insurance company.
1.38 min. | 5.0 user rating		 Syndicate Bank, Dena Bank and Canara Bank can show a pull back when the market stabilized, says Anu Jain, Vice President - IIFL Private Wealth Management, India Infoline.
0.92 min. | 0 user rating
Jefferies Group Inc. hired Bank of America's (NYSE:BAC) Ashley Delp to head its US equity syndicate desk, according to a Bloomberg report. The company also hired David Bohn to lead equity financing for closely held companies, according to global head of equity capital markets Mark Connelly. Both Delp and Bohn will help Connelly oversee the second-ranked arranger for health care-related offerings in the US Connelly said, "Our business is growing very, very rapidly right now. It represents a further expansion of an effort that we've been undertaking for the last four or five months to hire quality origination and equity capital markets product people. In terms of our capital markets team, we'd put our first team out on the field against anybody."
1.05 min. | 5.0 user rating		 RS.96 THOUSAND CHEATED TO SYNDICATE BANK IN KOLAR...........
2.07 min. | 0 user rating		 May Bank holiday for Gaz Emery at Syndicate nightclub Blackpool, England
0.88 min. | 0 user rating		 Joyce Gonsalves compering for Syndicate Pali hill branch, Mumbai. Where the chief guest was Dia Mirza, Miss Asia Pacific 2000 cum Actress cum Producer.
1.28 min. | 0 user rating		 After the Saints rob a Syndicate-owned bank, the Syndicate springs its trap, capturing you and chief lieutenants Johnny Gat and Shaundi. On board a Syndicate jet, its leader makes you an offer, an offer you can't help but refuse. In Freefalling, the second mission in Saints Row: The Third, fight your way through the jet, skydive over Steelport in an aerial battle royale, shoot out the cockpit of an attacking jet, steal a parachute, and finally catch Shaundi before she drops into Steelport, literally. neoseeker.com http facebook.com
8.23 min. | 0 user rating

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IOB, Syndicate Bank & UCO Bank Q2 results - Business Standard Tweet this news
Business Standard--Mangalore-headquartered -Syndicate Bank- has posted a 34 per cent rise in net profit to Rs 237.10 crore in the second quarter ending September on the back of ... - Date : Fri, 29 Oct 2010 18:32:57 GMT+00:00
Udupi: Eminent Lawyer, Perody Shivaji Shetty (80), No More - Daijiworld.com Tweet this news
Daijiworld.com--He also was working as legal advisor for -Syndicate Bank-, Canara Bank, Corporation Bank and Vijaya Bank. He had worked as part time lecturer in MGM College ... - Date : Mon, 01 Nov 2010 04:18:37 GMT+00:00
Syndicate Bank clerk sentenced to five years in prison for fraud - NetIndian Tweet this news
NetIndian--A clerk of the nationalised -Syndicate Bank- in Delhi has been sentenced to undergo five years' rigorous imprisonment with a fine of Rs 22000 for causing a ... - Date : Tue, 26 Oct 2010 08:25:00 GMT+00:00
Syndicate Bank to announce Q2 results on Oct 29, 2010 - Equity Bulls Tweet this news
Equity Bulls---Syndicate Bank- has announced that a meeting of the Board of Directors of the Bank will be held on October 29, 2010, for approving the Unaudited Financial ... - Date : Mon, 18 Oct 2010 11:17:42 GMT+00:00
Q2 results for Syndicate Bank show 34% rise in net - Rupee Times Tweet this news
Rupee Times--Public sector lender, -Syndicate Bank- has posted 33.8% rise in its net profits for Q2 of this fiscal. The net profit of the bank now ... - Date : Mon, 01 Nov 2010 06:51:24 GMT+00:00
Syndicate shows flat profit - Sify Tweet this news
Sify---Syndicate Bank-, the Manipal-headquartered public sector lender, today said its net profit remained flat at Rs 265 crore for the first quarter ended June 30, ... - Date : Sat, 31 Jul 2010 19:32:29 GMT+00:00
Clubs turning private, DDCA style - Hindustan Times Tweet this news
Hindustan Times--Jain, in his complaint, has accused the Sports Committee convenor Vinod Tihara and DDCA secretary sports Sunil Dev of converting -Syndicate Bank- Cricket Club ... - Date : Wed, 28 Jul 2010 19:07:35 GMT+00:00
Bullish on Syndicate and Allahabad Bank: Devang Visaria - Economic Times Tweet this news
Economic Times--In an interview with ET Now, Devang Visaria, Chief Strategist, devangvisaria.com, talked about -Syndicate Bank- and Allahabad Bank. Your views on Syndicate ... - Date : Fri, 09 Jul 2010 07:17:57 GMT+00:00
'BTST call on Syndicate Bank' - Economic Times Tweet this news
Economic Times--We have a BTST in -Syndicate Bank- that has started moving now and it is almost up 3%. I expect that to cross the prior high of Rs 97, so that can be a BTST ... - Date : Thu, 08 Jul 2010 12:06:10 GMT+00:00
BoI net profit up 24% - Calcutta Telegraph Tweet this news
Calcutta Telegraph---Syndicate Bank- has reported a first-quarter net profit of Rs 265.4 crore, up 1.5 per cent from Rs 261.6 crore in the same quarter last year. ... - Date : Sat, 31 Jul 2010 20:37:32 GMT+00:00

IN Banking in India

Central bankReserve Bank of India
Nationalised banksAllahabad Bank * Andhra Bank * Bank of Baroda * Bank of India * Bank of Maharashtra * Canara Bank * Central Bank of India * Corporation Bank * Dena Bank * IDBI Bank * Indian Bank * Indian Overseas Bank * Oriental Bank of Commerce * Punjab & Sind Bank * Punjab National Bank * Syndicate Bank * UCO Bank * Union Bank of India * United Bank of India * Vijaya Bank
State Bank GroupState Bank of India * State Bank of Bikaner & Jaipur * State Bank of Hyderabad * State Bank of Indore * State Bank of Mysore * State Bank of Patiala * State Bank of Travancore
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Foreign bankABN AMRO * Abu Dhabi Commercial Bank * Antwerp Diamond Bank * Arab Bangladesh Bank * Bank International Indonesia * Bank of America * Bank of Bahrain & Kuwait * Bank of Ceylon * Bank of Nova Scotia * Bank of Tokyo Mitsubishi UFJ * Barclays Bank * Citibank India * HSBC * Standard Chartered * Deutsche Bank * Royal Bank of Scotland
Regional Rural banksSouth Malabar Gramin Bank * North Malabar Gramin Bank * Pragathi Gramin Bank * Shreyas Gramin Bank
Financial ServicesReal Time Gross Settlement(RTGS) * National Electronic Fund Transfer (NEFT) * Structured Financial Messaging System (SFMS) * CashTree * Cashnet * Automated Teller Machine (ATM)



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