MoneyWorks4Me

Syndicate Bank unveils 5 new products for MSME sector

21 Oct 2013 Evaluate

Syndicate Bank has unveiled 5 new products focused on Micro, Small and Medium Enterprises (MSME) sector, that include- SyndDoctor, SyndGranite, SyndTextiles, SyndCashew and SyndTransport. These are tailor made schemes, to meet the credit requirements of cashew industry, transport operators, weavers etc.

The bank has launched the products in commemoration with its 88th foundation day. The bank has also opened 88 branches in different states of the country taking the total number of branches to 3,135.

Further, the bank’s business has touched Rs 3.46-lakh crore as at the end of the second quarter of this fiscal (2013-14).

Peers
Company Name CMP
State Bank Of India 958.10
PNB 116.80
Bank Of Baroda 236.00
Canara Bank 119.50
Union Bank Of India 172.30
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