Syndicate Bank, one of the country’s trusted public sector banks, has opened a new branch at Suri in Birbhum district of West Bengal. The new branch is the fifth branch of the bank in Birbhum, an economically backward district, and the 91st branch in West Bengal. With this new branch, total branches of the bank increased to 2,715 spread across the country.
The bank has registered a rise of 28.38% in its net profit at Rs 440.22 crore for first quarter ended June 30, 2012 as compared to Rs 342.91 crore for the same quarter in the previous year. Total income of the bank has increased by 21.36% at Rs 4478.06 crore for Q1FY13 as compared Rs 3689.92 crore for the corresponding quarter previous year.
