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Syndicate Bank gets nod to raise Rs 500 crore in FY20 via various means

01 Jul 2019 Evaluate

Syndicate Bank has received approval to raise Rs 500 crore during this fiscal by various means, including QIP or preferential allotment. The decision was taken at the board meeting of the bank held on June 29.

Syndicate Bank is one of the oldest and major commercial banks of India.

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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