Syndicate Bank launches special CASA campaign with multi-benefits

Syndicate Bank has launched a special current account savings account (CASA) campaign with multi-benefits across its more than 2700 branches in the country.

Further, the bank is planning to expand its existing branch network from 2707 to 3000 and the ATM network from the existing 1240 to about 1800 across the country during the current year and to reach a global business of Rs 3,50,000 crore.

The bank registered a rise of 28.38% in its net profit at Rs 440.22 crore for the quarter under review as compared to Rs 342.91 crore for the same quarter in the previous year. Total income of the bank increased by 21.36% at Rs 4478.06 crore for Q1FY13 as compared Rs 3689.92 crore for the corresponding quarter previous year.