Syndicate Bank

Public sector banks go on a two-wheeler ride

The liquidity crunch in the financial sector and high operating expenses have got private sector banks backing off from two-wheeler financing, and their public sector counterparts are filling the space they vacate. "We had...

Multilateral institutions may be approached for banks’ recapitalisation

New Delhi, Nov. 27 The Finance Ministry may approach multilateral institutions like the World Bank to part finance the planned recapitalisation of seven public sector banks to help them reach a capital adequacy ratio of 12 per...

Customers’ meet

ERODE: Erode branch of Syndicate Bank recently celebrated Customers’ Week in which important customers were honoured, says a release. P.C. Duraisami, chairman, Sakthi Masala group of companies, S.S. Sukumar, president-elect,...

Meet focuses on role of solar power in development

There is ample scope for installation of solar lights in rural areas in northern Karnataka region, according to Mr D.B. Gore, Chief General Manager of Nabard (National Bank for Agriculture and Rural Development).

Suzuki hints at hiking stake in Indian high-end bike JV

MD Satya Sheel's family holds 26 per cent in the company. Suzuki Motor Corporation (SMC) of Japan, which owns 74 per cent in its Indian two-wheeler venture —Suzuki Motorcycle India (SMIPL) – has indicated that it plans to...

Union lays claim to saving banks

Seeks clarification from Union Finance Minister Opposes bank amalgamation move KOZHIKODE: The Syndicate Bank Staff Union (SBSU, affiliated to the BEFI) wants Prime Minister Manmohan Singh and Finance Minister P. Chidambaran to...

Suzuki rolls out high-end bikes in India

Weathering the turbulent times, the Indian and global automotive industry is facing, Suzuki Motorcycle India launched its iconic sports bike Hayabusa and cruiser Intruder M1800R in the country on Wednesday.

Banks bet big on FDs

Banks are busy advertising attractive deposit rates that are on offer, lining up roadshows and door-to-door campaigns. Some of them are even offering incentives to their employees to woo depositors. As a result, they expect to...

How good are these bank products?

Bindisha Sarang, Outlook Money Marketers dream of launching a product that everyone thinks is exactly what he wanted all along. The virtual card number can be used as a credit/debit card number to shop online at any merchant...

Swiss Life eyes JV

Switzerland’s leading pension and insurance solution provider, Swiss Life, is looking for partners to enter the high-potential Indian life insurance sector, sources familiar with the development said. The Zurich-based insurer...

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