BREAKING NEWS

BREAKING NEWS ""**Expected DA for Bank Employees from Aug 2024 MINIMUM 7 SLAB AND MAXIMUM 24 SLAB*****I *****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, August 5, 2017

Syndicate bank has shown the Net loss in June 2017 quarter by Rs 263.19 Crore against the yearly profit in march.

Public Sector Bank Syndicate Bank has declared the Unaudited Quarterly results for Quarter June 2017. Syndicate Bank has also announced that the Trading Window of the company will remain close from 8th August,2017 till the completion of 48 hrs after the result of the board meeting (as per company code of conduct for prevention of insider trading).
Syndicate bank has shown the Net loss in June 2017 quarter by Rs 263.19 Crore against the yearly profit in march. There is steep rise in Gross NPA which has reached to 9.96% and Net NPA to 6.27%. Capital Adequacy ratio is comfortable at 12.30% which is the needy requirement for Basel III. 
The provision coverage ratio of Bank as on 30th June is 54.80%.

No comments:

Bank Unions Oppose PLI Scheme for Senior Bank Executives

AIBOC and AIBEA have written a letter to the DFS Secretary requesting him to review the recently introduced PLI Scheme for Senior Bank Execu...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">