Shutdown near-total in Mumbai, most of Maharashtra (Second lead)
May 31st, 2012 - 5:34 pm ICT by IANS
Mumbai, May 31 (IANS) The shutdown against rising prices and inflation called by opposition parties paralysed life in large parts of Maharashtra and its capital Mumbai with public transport ... Read more...
Posted in Politics |
Syndicate bank net up marginally in Q4
May 5th, 2012 - 8:33 pm ICT by IANS
Bangalore, May 5 (IANS) State-run Syndicate Bank posted Rs.309 crore net profit for the January-March fourth quarter of fiscal 2011-12, registering a marginal increase of seven percent year-on-year (YoY) over ... Read more...
Posted in Business |
S&P; lowers outlook on SBI, ICICI and HDFC Bank
April 25th, 2012 - 9:18 pm ICT by IANS
Mumbai, April 25 (IANS) Global ratings agency Standard & Poor's Wednesday cut its outlook to negative from stable on 11 financial institutions, including the top three banks State Bank ... Read more...
Posted in Business |
Syndicate Bank opens 108 branches in a day
March 31st, 2012 - 8:28 pm ICT by IANS
Bangalore, March 31 (IANS) Setting a record of sorts, state-run Syndicate Bank Saturday opened 108 new branches across 15 states and Andaman & Nicobar islands simultaneously through the electronic route ... Read more...
Posted in Business |
RBI moves against fake currency deposit
February 15th, 2012 - 9:08 pm ICT by IANS
Lucknow, Feb 15 (IANS) The Reserve Bank of India (RBI) Wednesday filed an FIR against nine banks in Lucknow on charges of depositing counterfeit currency to its vault here.Shalini ... Read more...
Posted in Uncategorized |
Rs.1 lakh snatched from 75-year-old
June 17th, 2011 - 7:29 pm ICT by IANS
Noida, June 17 (IANS) Two motorcycle-borne robbers Friday snatched a bag containing Rs.1 lakh from a 75-year-old man in Noida, police said.Ramswarup, a resident of Sector 56, had withdrawn the ... Read more...
Posted in Uncategorized |
Syndicate Bank quarterly net up 72 percent
May 12th, 2011 - 9:46 pm ICT by IANS
Bangalore, May 12 (IANS) State-run Syndicate Bank Thursday reported net profit of Rs.289 crore for the fourth quarter of fiscal 2010-11, registering a whopping 72 percent increase year-on-year (YoY) from ... Read more...
Posted in Business |
Pay commercial taxes online in Karnataka
May 12th, 2011 - 9:31 pm ICT by IANS
Bangalore, May 12 (IANS) The Karnataka government, in association with the Reserve Bank of India (RBI), Thursday unveiled an electronic payment (e-payment) and reconciliation system for commercial tax payers ... Read more...
Posted in Business |
Kamath, the force behind ICICI’s rise (Profile)
May 1st, 2011 - 3:52 am ICT by IANS
Bangalore, April 30 (IANS) K.V. Kamath, the new chairman of India's second largest IT company Infosys, is a mechanical engineer-turned banker who is best known for turning ICICI into India's ... Read more...
Posted in Business |
Air India makes turnaround pitch to bankers
April 8th, 2011 - 8:03 pm ICT by IANS
Mumbai, April 8 (IANS) Beleagured flag carrier Air India made a strong pitch of its turaround plan before bankers here Friday as financial restructuring is at the ... Read more...
Posted in Business |
28th National Kannada Sammelana begins on Apr. 9
April 4th, 2011 - 4:38 pm ICT by ANI
New Delhi, Apr 4 (ANI): The 28th National Kannada Sammelana will be held here on April 9 and 10.In the conference, M.D. Mallya, Chairman and Managing Director, Bank of Baroda, Sri Sri ... Read more...
Posted in National |
Sacked Syndicate Bank official’s plea rejected
March 5th, 2011 - 9:12 pm ICT by IANS
New Delhi, March 5 (IANS) The Delhi High Court has rejected the petition of a former assistant manager of Syndicate Bank challenging his dismissal from service for financial irregularities committed ... Read more...
Posted in Uncategorized |
Robbers punch hole in bank’s wall, steal computer
January 23rd, 2011 - 11:16 pm ICT by IANS
New Delhi, Jan 23 (IANS) Robbers punched a hole in a bank's wall and took away a computer and some documents in west Delhi early Sunday, police said. There was no guard ... Read more...
Posted in Uncategorized |
Robbers snatch Rs.10 lakh from petrol pump employees
July 19th, 2010 - 10:58 pm ICT by IANS
Ghaziabad, July 19 (IANS) Four motorcycle-borne robbers looted Rs.10 lakh from two petrol pump employees who were on their way to deposit the cash at a bank in Garh Mukteswar in Ghaziabad ... Read more...
Posted in Uncategorized |
New interest rate regime come into force Thursday
June 30th, 2010 - 6:26 pm ICT by IANS
Mumbai, June 29 (IANS) A new interest rate regime, aimed at improving transparency and disallowing big corporations to get loans at rates below established benchmarks, will kick in from Thursday as ... Read more...
Posted in Business |
Karnataka reaps bonanza at global investors meet (Roundup)
June 5th, 2010 - 12:04 am ICT by IANS
Bangalore, June 4 (IANS) Karnataka concluded the Global Investors Meet (GIM 2010) late Friday on a high note, with investments worth Rs.4 trillion (about $.85 billion) flowing in for about 400 ... Read more...
Posted in Business |
Rs.11 lakh stolen from ATM in Agra
May 24th, 2010 - 11:05 pm ICT by IANS
Agra, May 24 (IANS) A sum of Rs. 11 lakh have been stolen from an ATM, which was without CCTV camera and security guard and which was unlocked after cracking the ... Read more...
Posted in Uncategorized |
Syndicate Bank net dips 19 percent in fourth quarter
May 4th, 2010 - 9:51 pm ICT by IANS
Bangalore, May 4 (IANS) State-run Syndicate Bank reported net profit of Rs.168 crore for the fourth quarter (January-March) of fiscal 2009-10, registering 19 percent decline from Rs.206 crore in the same period ... Read more...
Posted in Business |
Syndicate Bank net plunges 42 percent in Q3
January 30th, 2010 - 10:28 pm ICT by IANS
Bangalore, Jan 30 (IANS) State-run Syndicate Bank reported net profit of Rs.206 crore for the third quarter of fiscal 2009-10 against Rs.356 crore in the same period last year, a dip of ... Read more...
Posted in Business |
Syndicate Bank net down 32 percent in second quarter
October 30th, 2009 - 8:08 pm ICT by IANS
Bangalore, Oct 30 (IANS) State-run Syndicate Bank posted a net profit of Rs.178 crore for the second quarter this fiscal, a 32 percent decline compared to the Rs.262 crore earned in the ... Read more...
Posted in Business |
David versus Goliath: fledgling Kolkata firm takes on mobike biggies
August 9th, 2009 - 5:33 pm ICT by IANS
By Aparajita Gupta
Kolkata, Aug 9 (IANS) A 29-year-old former banker has a dream: taking on the big guns of India's two-wheeler segment through his range of mobikes, not only on home turf ... Read more...
Posted in Health Science |
Syndicate Bank net profit zooms 198 percent
July 31st, 2009 - 9:04 pm ICT by IANS
Bangalore, July 31 (IANS) State-run Syndicate Bank posted a net profit of Rs.262 crore for the first quarter this fiscal, registering a whopping growth of 198 percent year-on-year from Rs.88 crore in ... Read more...
Posted in Business |
Civic body’s callousness kills AIIMS doctor’s father
July 16th, 2009 - 9:27 am ICT by IANS
New Delhi, July 16 (IANS) An All India Institute of Medical Sciences (AIIMS) doctor Thursday lost his father who was seriously injured when he fell into a large pit left uncovered by ... Read more...
Posted in World |
Four held for robbing and killing Kargil war veteran
June 19th, 2009 - 8:26 pm ICT by IANS
New Delhi, June 19 (IANS) Four people were arrested for the murder of an employee of a petrol station, who was a Kargil war veteran and was on his way to ... Read more...
Posted in Uncategorized |
Petrol vend employees carrying cash attacked, one dead
June 15th, 2009 - 10:51 pm ICT by IANS
New Delhi, June 15 (IANS) In two separate daring robberies, employees of two petrol vends here carrying cash to be deposited in banks were fired upon Monday by motorcycle-borne robbers. While ... Read more...
Posted in Uncategorized |
Rising crime takes toll, eight policemen suspended
May 24th, 2009 - 10:22 pm ICT by IANS
Ghaziabad, May 24 (IANS) Hit by a string of robberies, Ghaziabad police have suspended eight of their personnel, including an inspector and a sub-inspector, holding them responsible for rising crime in their ... Read more...
Posted in Uncategorized |
Robbers loot Rs.600,000 from Ghaziabad bank (Lead)
May 22nd, 2009 - 8:53 pm ICT by IANS
Ghaziabad, May 22 (IANS) Two armed robbers looted Rs.600,000 (Rs.6 lakh) from a bank here Friday afternoon, police said.
According to the police, robbers barged into a Syndicate Bank branch in sector-3 of ... Read more...
Posted in Uncategorized |
Rs.1.2 mn robbed from petrol station employees in Ghaziabad
May 11th, 2009 - 3:00 pm ICT by IANS
Ghaziabad May 11 (IANS) Two motorcycle-borne men robbed two petrol station employees of Rs.1.2 million here Monday, police said.
The incident happened at about 11.30 a.m. near the local branch of Delhi Public ... Read more...
Posted in Uncategorized |
Syndicate Bank net up 30 percent in third quarter
January 23rd, 2009 - 8:12 pm ICT by IANS
Bangalore, Jan 23 (IANS) State-run Syndicate Bank posted net profit of Rs.3.56 billion (Rs.356 crore/$72.4 billion) for the third quarter this fiscal, registering 30 percent year-on-year (YoY) growth. Net profit in the ... Read more...
Posted in Uncategorized |
NRI woman claims theft from Noida bank locker
December 12th, 2008 - 11:45 pm ICT by IANS
Noida, Dec 12 (IANS) A non-resident Indian woman Friday said that cash and jewellery were stolen from her locker in a bank in this Delhi suburb, the police said.Archana Jarari (32), who ... Read more...
Posted in Uncategorized |
SBI loans to be cheaper
November 6th, 2008 - 6:46 pm ICT by ANI
Mumbai, Nov 6 (ANI): State Bank of India loans will now be cheaper with the bank deciding to cut its Prime Lending Rate (PLR) by 0.75 per cent from Monday.SBI Chairman ... Read more...
Posted in World |
State Bank of India cuts interest rates by 75 basis points
November 6th, 2008 - 2:41 pm ICT by IANS
Mumbai, Nov 6 (IANS) The cost of credit for households and the corporate sector is all set to fall as the State Bank of India (SBI), the country's largest bank, has cut ... Read more...
Posted in Business |
Syndicate Bank to cut deposit rate by 50 basis points
November 5th, 2008 - 6:29 pm ICT by IANS
Kolkata, Nov 5 (IANS) Syndicate Bank will cut its deposit rate by 50 basis points from Dec 1, a top company official said here Wednesday."We have reduced prime lending rate by 75 ... Read more...
Posted in Uncategorized |
Treasury losses hit Syndicate Bank profits by 60 percent
July 29th, 2008 - 9:26 pm ICT by IANS
Bangalore, July 29 (IANS) A loss of Rs 2.61 billion from treasury operations has lowered the net profit of Syndicate Bank by a whopping 60 percent for the April-June first quarter of ... Read more...
Posted in Business |
Microcredit scheme for slum dwellers launched in Delhi
June 19th, 2008 - 8:38 pm ICT by ANI
New Delhi, June 19 (ANI): Union Finance Minister P. Chidambaram along with Chief Minister Sheila Dixit today launched a Pilot Microcredit Scheme to provide loans at reasonable rates of interest to ... Read more...
Posted in Life Style |