MoneyWorks4Me

Syndicate Bank organizes customers meet across 2750 branches

29 May 2012 Evaluate

Syndicate Bank had organized a uniform customers' meet across over 2750 of its branches in the country. Its NS Road-Kolkata branch had conducted a meeting on May 23 to explain its customers on the performance highlights of the bank for the financial year 2011-12

In this meets bank informed its customers about various products and offerings like SyndArogya, UniHome Care, UniStudy Care Policies, the advantageous features of NEFT and RTGS and the new initiatives for e-products.

Backed by 18% growth in operating profits, Syndicate Bank’s net profit for Q4 of last fiscal grew 7%. Net profit for the quarter stood at Rs 309.43 crore, compared with Rs 289.29 crore recorded during the corresponding quarter of 2010-11. The operating profits of the bank grew to Rs 790.44 crore from Rs 671.96 crore in the same period last year, and net interest income grew 15%.

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
View more..