Page 3 - Syndicate Bank

ICRA downgrades outlook on Syndicate Bank's tier II bonds

However, the ratings agency affirmed the rating "AA+" for Basel -III compliant tier II bonds

CBI files charge sheet in Rs 1000 crore Syndicate Bank scam

Charge sheet has been filed for criminal conspiracy and cheating by using forged documents as genuine

Syndicate Bank to raise up to Rs 4,300 cr this fiscal

The bank had reported a net loss of Rs 2,158 crore for the March quarter due to over threefold rise in provisions for bad loans

Syndicate Bank reports Q4 loss of Rs 2,158 crore

This is because of a write-off of Rs 883 crore for a major fraud at three of its branches

Syndicate Bank posts Q4 net loss of Rs 22 billion

Gross bad loans, as a percentage of total loans, widened to 6.7% in March compared with 4.61% in December 2015

Syndicate Bank issues Rs 500-cr Basel-3 compliant bonds

Bonds with a face value of Rs 10 lakh each carry a coupon rate of 11.25 a year

Syndicate Bank raises Rs 870 cr via bonds

The bank has also raised Rs 217 crore by allotting preferential shares to LIC to shore up capital

Syndicate Bank case: CBI searches 10 locations

Bank brass issues gag orders

Syndicate Bank shares down 2% as CBI carries out searches

Volume-wise, 12.98 lakh shares of the company changed hands at BSE and over 1 crore shares were traded at NSE during the day

CBI probing alleged Rs 1,000 crore fraud at state-run Syndicate Bank

The agency is searching 10 locations, including bank branches and homes of bank employees