Syndicate Bank had organized a uniform customers' meet across over 2750 of its branches in the country. Its NS Road-Kolkata branch had conducted a meeting on May 23 to explain its customers on the performance highlights of the bank for the financial year 2011-12
In this meets bank informed its customers about various products and offerings like SyndArogya, UniHome Care, UniStudy Care Policies, the advantageous features of NEFT and RTGS and the new initiatives for e-products.
Backed by 18% growth in operating profits, Syndicate Bank’s net profit for Q4 of last fiscal grew 7%. Net profit for the quarter stood at Rs 309.43 crore, compared with Rs 289.29 crore recorded during the corresponding quarter of 2010-11. The operating profits of the bank grew to Rs 790.44 crore from Rs 671.96 crore in the same period last year, and net interest income grew 15%.