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Syndicate Bank reports rise of 2.74% in Q1 net profit

29 Jul 2013 Evaluate

Syndicate Bank has reported results for first quarter ended June 30, 2013.

The bank has registered a rise of 2.74% in its net profit at Rs 452.28 crore for the quarter under review as compared to Rs 440.22 crore for the same quarter in the previous year. Total income of the bank has increased by 5.54% at Rs 4726.18 crore for Q1FY14 as compared Rs 4478.06 crore for the corresponding quarter previous year.

Syndicate Bank has a network of 2,709 branches and 1,240 ATMs as on March 31, 2012. The bank has branches in all the states except Manipur and in all the Union Territories except Daman & Diu and Dadra & Nagar Haveli. The bank has an international branch too at London.

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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