Last 119.35 INR
Change Today -3.20 / -2.61%
Volume 4.7M
As of 7:06 AM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

syndicate bank (SNDB) Snapshot

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07/3/14 - 180.00
52 Week Low
08/29/13 - 63.00
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syndicate bank (SNDB) Details

Syndicate Bank Limited provides a range of banking products and services to corporate, small to medium-sized enterprises, and retail customers in India. The company offers deposit services, including savings bank accounts, current accounts, and term deposits. It also provides housing loans, retail trade loans, vehicle loans, consumer loans, education loans, mortgage loans, investment loans, and short-term loans to the agricultural sector and for associated activities. In addition, the company offers a range of services comprising credit and debit cards, locker facilities, cash management services, remittance services, and direct tax collections. Further, it provides e-payment services; back office services to its clients and other financial institutions; and Internet, mobile, and SMS banking services; life and non-life insurance products; and mutual fund services. Additionally, Syndicate Bank Limited offers outsourcing service, such as hardware testing, retail loan follow-up, card personalization, and database services. As of June 30, 2014, it operated approximately 3,272 branches, including 1044 rural, 856 semi urban, 708 urban, and 663 metro branches. The company was formerly known as Canara Industrial and Banking Syndicate, Ltd. Syndicate Bank Limited was founded in 1925 and is headquartered in Manipal, India.

27,222 Employees
Last Reported Date: 05/27/14
Founded in 1925

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syndicate bank (SNDB) Key Developments

Syndicate Bank May For The Merger

Syndicate Bank Limited (BSE:532276) could be one of the candidates for takeover, a top government official said. “United Bank of India is a weak bank. There a list of another weak banks too. Syndicate Bank could be another. There is Dena Bank also. They need to be merged but we still do not know who could be the possible candidate for take over,” the official told Deccan Herald.

Syndicate Bank Limited, Q1 2015 Earnings Call, Aug 01, 2014

Syndicate Bank Limited, Q1 2015 Earnings Call, Aug 01, 2014

Syndicate Bank Limited Proposes to Open New Branches in the Year 2014

Syndicate Bank Limited proposed to open 350 branches and 27 Mid Corporate Branches during the year. Bank is also approaching for permission to open branches in Hong Kong, Dubai Financial Centre, Johannesburg and China. Bank has opened new Regional Office at Salem and shortly opening Regional Offices at Varanasi, Vishakhapatnam, Ludhiana & Shimoga also.


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