Syndicate Bank raises Rs 750 crore

Syndicate Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532276 | NSE: SYNDIBANK

18 Dec 2015 Evaluate

Syndicate Bank has issued unsecured redeemable non-convertible Basel III Compliant 10 year Tier II Bonds in the nature of debentures (Bonds) for inclusion in Tier II Capital aggregating to Rs 750 crore. The issue is fully subscribed.

Syndicate Bank posted a rise of 5.31% in its net profit at Rs 332.37 crore for the quarter ended September 30, 2015 as compared to Rs 315.60 crore for the same quarter in the previous year. Total income increased by 17.41% at Rs 6670.19 crore for quarter under review as compared to Rs 5680.96 crore for the quarter ended September 30, 2014.

Peers

Company Name	CMP
State Bank Of India	989.80
PNB	117.20
Bank Of Baroda	234.80
Canara Bank	123.50
Union Bank Of India	177.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.