Syndicate Bank has reported results for first quarter ended June 30, 2019.
The Bank has reported net loss of Rs 980.46 crore for the quarter under review as compared to net loss of Rs 1,281.77 crore for the same quarter in the previous year. However, total income of the Bank increased by 7.86% at Rs 6,080.69 crore for Q1FY20 as compared Rs 5637.51 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported a net loss of Rs 980.39 crore for the quarter under review as compared to net loss of Rs 1,281.44 crore for the same quarter in the previous year. However, total income of the Bank increased by 7.86% at Rs 6,080.69 crore for Q1FY20 as compared Rs 5637.51 crore for the corresponding quarter previous year.
