Inactive Instrument

Syndicate Bank

532276

INE667A01018

Syndicate Bank announced that it has received INR 16.31999997 billion in funding from India

December 30, 2018

On December 31, 2018, Syndicate Bank (BSE:532276) closed the transaction. The company issued 432,317,880 common shares at an issue price of INR 37.75 per share in the transaction. The shares were issued at a premium. Post completion of the transaction, the investor will hold 81.23% stake in the company.

Latest news about Syndicate Bank

Canara Bank completed the acquisition of 21.52% stake in Syndicate Bank.	31/03/20	CI
No Change in Mega Bank Merger Plans Despite National Lockdown	25/03/20	CI
Syndicate Bank(BSE:532276) dropped from S&P Global BMI Index	20/03/20	CI
Syndicate Bank Reports Earnings Result for the Third Quarter Ended December 31, 2019	12/02/20	CI
Syndicate Bank Reports Earnings Results for the Third Quarter Ended December 31, 2019	11/02/20	CI
Government Reportedly May Notify Merger of 10 PSBs to 4 Lenders This Week	09/02/20	CI
Syndicate Bank Announces Notice Of Proposed Strike on Jan. 31, 2020 and Feb. 1, 2020 by UFBU	27/01/20	CI
Syndicate Bank Announces Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2019	31/10/19	CI
Syndicate Bank Announces Board Changes	21/10/19	CI
Canara Bank agreed in-principle to acquire 21.52% stake in Syndicate Bank for INR 18.6 billion.	12/09/19	CI
Canara Bank And Syndicate Bank Plan To Merge	30/08/19	CI
Syndicate Bank Announces Earnings Results for the First Quarter Ended June 30, 2019	24/07/19	CI
Syndicate Bank Announces Executive Changes	15/07/19	CI
Syndicate Bank Designates K S Nagabhushana as Chief Risk Officer	10/06/19	CI
Syndicate Bank Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Full Year Ended March 31, 2019	10/05/19	CI
Syndicate Bank Announces Board Changes	26/04/19	CI
Syndicate Bank Announces Cessation of Directors	25/04/19	CI
Syndicate Bank Appoints Nageswara Rao Y. as Whole-Time Director	15/04/19	CI
Syndicate Bank announced that it has received INR 16.03 billion in funding from India	20/02/19	CI
Syndicate Bank announced that it expects to receive INR 16.03 billion in funding from India	18/02/19	CI
Syndicate Bank Reports Unaudited Earnings Results for Third Quarter and Nine Months Ended December 31, 2018	02/02/19	CI
Syndicate Bank announced that it has received INR 16.31999997 billion in funding from India	30/12/18	CI
Syndicate Bank announced that it expects to receive INR 16.32 billion in funding from India	25/12/18	CI
Syndicate Bank Announces Executive Changes	30/11/18	CI
Syndicate Bank Announces Executive Changes	13/11/18	CI

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Company Profile

Syndicate Bank is an India-based bank, which provides a range of banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Banking and Other Banking Operations. The Bank offers deposits, including current and term deposits; loans, including retail loans, agricultural loans and priority sector loan, small and medium enterprises (SME) loan and corporate finance. Its operative deposit products include Savings Bank Account and SyndSamanya Savings Bank Account. The Bank offers services, such as cash management services (CMS), real time gross settlement (RTGS), national electronic funds transfer (NEFT) for electronic fund transfer and speed clearing. Its delivery channels include automated teller machines (ATMs), Internet banking, mobile banking and short message service (SMS) banking. It operates over 3,700 branches. Its domestic branch network consists of over 1,230 rural, approximately 1,030 semi-urban, over 820 urban and approximately 680 metro branches.

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