Syndicate Bank

Type: Company
Name: Syndicate Bank (Syndicate Bank Ltd)
First reported 5 hours ago - Updated 2 hours ago - 2 reports

Market is talling: Ashwani Gujral

In an interview with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com, gives his views on the market. Excerpts:-ET Now: How much probability is there that a base may be built around the 6100 where we shut and come back or how much probability of ... [Published Economic Times - 2 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Endosulfan association plans protest at Bangalore on June 7

MANGALORE: The Endosulfan Virodhi Horatha Samiti, which has decided to hold a protest at Freedom Park at Bangalore on June 7, will withdraw its protest if state government responds positively to its demands by June first week.Samithi president Sridhar ... [Published India Everyday - 2 hours ago]
First reported 5 hours ago - Updated 5 hours ago - 1 reports

ASIA CREDIT CLOSE: Spreads steady, Citic shines after tap

HONG KONG, May 21 (IFR) - Asian credit spreads were largely steady as primary issuance took a break with the next batch of issuers still in the process of completing roadshows.Citic Pacific's new NC5.5 year perp continued to perform well in the secondary ... [Published Reuters - 5 hours ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports

RBI, banks to accept advance income tax

Most of these banks are also providing facilities for on-line payment of taxes The Reserve Bank of India (RBI) on Monday has also authorised select branches of banks in Mumbai to accept payments of income tax dues. Most of these banks are also providing ... [Published India Infoline - 6 hours ago]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Bank stocks zoom on rate cut hopes

Banks stocks gained on Wednesday on rate cut hopes. RBI governor Duvvuri Subbarao said he would take note of falling inflation when discussing potential interest rate cuts.Shares of Uco Bank surged the most with rise of 8.13%, followed by Oriental Bank ... [Published MyIris - May 20 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Banks turn cautious on corporate lending

Large companies are likely to face funding problems as some banks are shying away from extending loans to them.Banks are seeing increased stress on loans extended sectors such as gems and jewellery, power and roads.Higher provisioning for large corporate ... [Published Hindu Business Line - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Buy Syndicate Bank with a target price of Rs 140: Ashwani Gujral

Ashwani Gujral, Fund Manager, Ashwanigujral.com, shares his views on Syndicate Bank.ET Now: What is your view on Syndicate Bank?Ashwani Gujral: Syndicate Bank is a 'BUY' with a stop loss of Rs 129, target of Rs 14 ... [Published Economic Times - May 16 2013]
Entities: Syndicate Bank, Stocks
First reported May 15 2013 - Updated May 15 2013 - 2 reports

FM expands initiative to resuscitate stalled projects

Will Hyderabad/Bangalore: Finance Minister P Chidambaram met senior bankers and top industrialists in Karnataka and Andhra Pradesh to try and sort out issues that have been blocking big projects.The minister is also expected to set up a cell in his ministry ... [Published Manorama Online - May 15 2013]
First reported May 14 2013 - Updated May 15 2013 - 4 reports

FM reviews pending infra projects in Bangalore

At a closed door meeting with industrialists and heads of banks, Chidambaram assured early removal of bottleneck in implementing pending investment projectsFinance minister P Chidambaram on Tuesday, held closed door talks with top industrialists, heads ... [Published Smart Investor - May 15 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Syndicate Bank to bring down NPAs by 20%

Syndicate Bank is planning to bring down non-performing assets (NPA) and it has drawn up a strategy for the same. It has decided to implement stressed tiny assets recovery programmes, other than providing one-time settlements by conducting 'Synd Adalats' ... [Published Indian-Commodity - May 14 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Syndicate Bank awaits RBI nod to raise $500 million via Medium Term Notes

Syndicate Bank on Monday said it was in the process of getting approval from the Reserve Bank of India to raise about $500 million through Medium Term Notes (MTN). The proposed capital is part of the bank’s equity capital infusion planned for the current ... [Published New Indian Express - May 14 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Syndicate Bank to step up retail play

The bank's NIM, which dropped dropped 24 basis points to 3.19% for the last fiscal, is likely to dip further to about 3% this fiscal.Syndicate Bank is targeting a 25% overall growth this fiscal even as it sees stress on net interest margins (NIM).“The ... [Published DNA India - May 14 2013]

Quotes

"High fiscal deficits and a heavy government debt burden remain the most significant constraints on our sovereign ratings on India" S&P said in the note
"After 500 points on the Bank Nifty, the index is still up over 160 points. Markets change their character all the time. Sometimes you have a rangebound market and at times you have a run away market. It is clear it is a runaway style market and it will not oblige with corrections. Investors have to just remain long" said Ashwani Gujral, Fund Manager, ashwanigujral.com
"These expectations will continue to boost the banking and financial stocks" said in a report...
Andhra Bank CMD, B A Prabhakar, who attended the meeting in Hyderabad, said, "The FM had meeting to review 28 stalled projects. He wanted to know if there is any problem. The projects have been held up for various reasons. He wanted to have first hand information from the promoters. If these reasons are something that is at the central government level, then it will be coordinated with the good offices of the minister. He (Chidambaram) said some of the issues may take some time. He said he (Chidambaram) would create special cell in his office to see that these issues are monitored on ongoing basis."

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All (159) | News (155) | Reports (0) | Blogs (2) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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Market is talling: Ashwani Gujral [Published Economic Times - 2 hours ago]
Endosulfan association plans protest at Bangalo... [Published India Everyday - 2 hours ago]
ASIA CREDIT CLOSE: Spreads steady, Citic shines... [Published Reuters - 5 hours ago]
Buy Syndicate Bank with a stop loss of Rs 134: ... [Published Economic Times - 5 hours ago]
RBI, banks to accept advance income tax [Published India Infoline - 6 hours ago]
Bank stocks zoom on rate cut hopes [Published MyIris - May 20 2013]
Banks that are expected to give good returns in... [Published Economic Times - May 18 2013]
‘Growth of informal sector, a challenge to bank... [Published Hindu Business Line - May 17 2013]
Banks turn cautious on corporate lending [Published Hindu Business Line - May 16 2013]
FIIs holding in BSE500 companies climb to highe... [Published MyIris - May 16 2013]
Buy Syndicate Bank with a target price of Rs 14... [Published Economic Times - May 16 2013]
Bank Nifty continues to rally on rate cut hopes [Published Economic Times - May 16 2013]
Meet held on execution of DBT in Lakshadweep [Published New Indian Express - May 15 2013]
FM expands initiative to resuscitate stalled pr... [Published Manorama Online - May 15 2013]
Sensex up over 350 points as bulls throng blue ... [Published Sify - May 15 2013]
FM tries to steer clear of project bottlenecks [Published Deccan Chronicle - May 15 2013]
FM reviews pending infra projects in Bangalore [Published Smart Investor - May 15 2013]
FM meets bankers and industrialists [Published Deccan Herald - May 14 2013]
Inflation hits three year low [Published TruthDive - May 14 2013]
Chidambaram reviews delayed, stalled infrastruc... [Published Hindu Business Line - May 14 2013]
FM meets bankers, industrialists in Bangalore [Published Financial Chronicle - May 14 2013]
Syndicate Bank to bring down NPAs by 20% [Published Indian-Commodity - May 14 2013]
Indian stock market and companies daily report ... [Published Stock Markets Review - May 14 2013]
Syndicate Bank awaits RBI nod to raise $500 mil... [Published New Indian Express - May 14 2013]
CVC turns heat on corrupt bureaucrats [Published New Indian Express - May 14 2013]
Syndicate Bank to step up retail play [Published DNA India - May 14 2013]
Syndicate Bank hopes to reduce bad loans by 20%... [Published Hindu Business Line - May 13 2013]
Syndicate Bank eyes 25% growth this year [Published Business Standard India - May 13 2013]
How to trade in TechM, Syndicate Bk and JSPL today [Published MyIris - May 13 2013]
Mangalore: Act of Atrocity and Inhumanity- Poli... [Published Mangalorean - May 12 2013]
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Nehru Memorial College plans to establish solar... [Published Panchabuta-Renewable Energy & Cleantech in India - Mar 26 2013]
According to reports, the two-day national seminar on ‘resolving power crisis through solar energy’ organised by the Innovation Incubator (i2) of Nehru Memorial College (NMC), Puthanampatti near here, commenced on Monday. The event was sponsored by Ministry ...
Nehru Memorial College plans to establish solar... [Published Panchabuta - Cleantech & Renewable Energy in India - Mar 26 2013]
According to reports, the two-day national seminar on ‘resolving power crisis through solar energy’ organised by the Innovation Incubator (i2) of Nehru Memorial College (NMC), Puthanampatti near here, commenced on Monday. The event was sponsored by Ministry ...
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