RBI initiates inspection of Syndicate Bank
The Reserve Bank on Tuesday said it has initiated inspection of the book of accounts of Syndicate Bank, whose CMD S K Jain was recently arrested by the CBI for allegedly taking a bribe of Rs 50 lakh.
Aug 05, 2014, 20:11 PM IST
CMD bribery: CBI Chief orders internal inquiry
CBI Director Ranjit Sinha has ordered an internal inquiry after his team did not arrest Vice Chairman of Bhushan Steel Neeraj Singhal during searches at his residence in the Syndicate Bank bribery case despite his clear instructions to pick him up.
Aug 05, 2014, 19:49 PM IST
RBI initiates inspection of Syndicate Bank
Admitting that there are governance issues in the public sector banks, RBI Governor Raghuram Rajan underlined the need for improving transparency in sanction of loans.
Aug 05, 2014, 13:48 PM IST
Arrested Syndicate Bank Chairman SK Jain suspended
Two days after CBI arrested him for allegedly accepting bribe of Rs 50 lakh to enhance the credit limit of some companies, the government on Monday suspended Syndicate Bank Chairman and Managing Director S K Jain.
Aug 04, 2014, 19:19 PM IST
Syndicate Bank shares slump over 8% after chairman's arrest
Syndicate Bank's scrip slumped 8.57 percent to Rs 132.25 on the BSE. At the NSE, it tumbled 8.45 percent to Rs 132.10.
Aug 04, 2014, 12:59 PM IST
4-day CBI remand for Syndicate Bank CMD S K Jain, 7 others
Chairman-cum-Managing Director of Syndicate Bank S K Jain and seven others were on Sunday remanded in CBI custody for four days as the agency plans to probe various other angles into the case that may emerge from the telephonic transcripts of the official and conduits.
Aug 03, 2014, 21:38 PM IST
Syndicate Bank Q1 profit up 7% at Rs 485 crore
State-owned Syndicate Bank on Thursday reported 7 percent increase in net profit to Rs 485 crore for the first quarter ended June 2014.
Aug 01, 2014, 00:05 AM IST
Syndicate Bank mulls opening more overseas branches
State-run Syndicate Bank plans to open more branches abroad along with strengthening its presence in the country, CMD Sudhir Kumar Jain on Saturday said.
Jun 21, 2014, 19:46 PM IST
