SYNDIBANK

Syndicate Bank has submitted to the Exchange the Standalone Financial Results for the period ended December 31,2011.

Syndicate Bank has informed the Exchange that the Bank has appointed following 6 Chartered Accountant Firms as Statutory Central Auditors of the Bank for year 2011-2012. (1) M/s. Jain & Associates, Chandigarh (2) M/s. Prakash Chandra Jain & Co, Udaipur (3) M/s. S Sonny Associates, Chennai (4) M/s. R Vender Gupta and Associates, New Delhi (5) M/s. Thakur Vadiyanath Aiyar & Co, New Delhi (6) M/s. Chandiok & Guliani, New Delhi out of the above, first five firms are continuing Statutory Central Auditors, While M/s. Chandiok & Guliani, New Delhi have been appointed in place of M/s. N C Mitra & Co,

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by of sub-section (3)(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government has appointed Sri Ramesh L Adige as part-time non-official director on the Board of Directors of the Bank for a period of three years from December 09, 2011 or until further orders, whichever is earlier.

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by of clause (a) sub-section (3) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3, Clause 5, Clause 6, Clause 7 and sub-clause (1) of Clause 8 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government after consultation with Reserve Bank of India has appointed Shri M. G. Sanghvi, Executive Director, Bank of Maharashtra as the Chairman and Managing Director of the Bank from the da

Syndicate Bank has submitted to the Exchange the Standalone Financial Results for the period ended September 30,2011.

Syndicate Bank has informed the Exchange regarding a Press Note dated September 05, 2011 on the CASA Campaign launched by the Bank from September 01, 2011 across the country.

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 and sub-clause (1) of clause 8 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, after consultation with Reserve Bank of India, has appointed Shri M Anjaneya Prasad as Executive Director of the Bank with effect from August 24, 2011 till November 30, 2014 i.e. the date of his superannuation or

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by of sub-section (3)(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government has nominated Sri Jagdish Raj Shrimali as part-time non-official director on the Board of Directors of the Bank for a period of three years from July 29, 2011 or until further orders, whichever is earlier.

Syndicate Bank has submitted to the Exchange a copy of Revision of Interest Rates on Domestic Term Deposits.

Syndicate Bank has informed the Exchange that the Base Rate and BPLR of the Bank stands revised from 10.25% to 10.75% and from 14.50% to 15.00%, respectively, effective from August 01, 2011.

Syndicate Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2011 as follows: Interest earned of Rs. 339854 lacs for the quarter ending on 30-JUN-2011 against Rs. 260436 lacs for the quarter ending on 30-JUN-2010. Interest expended of Rs. 228814 lacs for the quarter ending on 30-JUN-2011 against Rs. 164057 lacs for the quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. 34291 lacs for the quarter ending on 30-JUN-2011 against Rs. 26536 lacs for the quarter ending on 30-JUN-2010.

Syndicate Bank has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended June 30,2011.

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by clause (g) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (b) of Clause 9(2) of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government after consultation with Reserve Bank of India, has nominated Sri Dilip Kumar Saxena as part-time non-official director under Chartered Accountant category on the Board of Directors of the Bank for a period of three years from July 22, 2011 o

Syndicate Bank has informed the Exchange that the Base Rate and BPLR of the Bank stands revised from 10.00% to 10.25% and 14.25% to 14.50%, respectively, effective from July 05, 2011.

Syndicate Bank has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Shareholders of the Bank held on June 25, 2011.

Syndicate Bank has informed the Exchange that the Annual General Meeting of the shareholder members of Bank will be held on June 25, 2011 to transact the following business : (1) To discuss, approve and adopt, the Balance Sheet of the Bank as at March 31, 2011 and the Profit & Loss Account of the Bank for the year ended on that date, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditors' Report on the Balance Sheet and Accounts; (2) To declare dividend for the financial year 2010-11. Further, the Dividend, if decl

Syndicate Bank has informed the Exchange that Sri M Bhaskara Rao ceased to be a Director of the Bank with effect from May 12, 2011, consequent upon his demitting office in terms of Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980.

Syndicate Bank has informed the Exchange that Register of Members and Share Transfer Books of the Bank will be closed from June 17, 2011 to June 25, 2011 (both days inclusive) for the purpose of Annual General Meeting and for ascertaining the shareholders, who are entitled to receive the Dividend 2010-11.

Syndicate Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 12, 2011 has recommended a Dividend of Rs. 3.70 per share (37%) for the year 2010-2011, subject to approval of shareholders at the Annual General Meeting.

Syndicate Bank has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended March 31,2011.

Syndicate Bank has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2011 as follows: Interest earned of Rs. 1145086 lacs for the year ending on 31-MAR-2011 against Rs. 1004717 lacs for the year ending on 31-MAR-2010. Interest expended of Rs. 706810 lacs for the year ending on 31-MAR-2011 against Rs. 730737 lacs for the year ending on 31-MAR-2010. Net Profit / (Loss) of Rs. 104795 lacs for the year ending on 31-MAR-2011 against Rs. 81332 lacs for the year ending on 31-MAR-2010.

Syndicate Bank has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2011 as follows: Interest earned of Rs. 1146088 lacs for the year ending on 31-MAR-2011 against Rs. 1004718 lacs for the year ending on 31-MAR-2010. Interest expended of Rs. 706793 lacs for the year ending on 31-MAR-2011 against Rs. 730724 lacs for the year ending on 31-MAR-2010. Net Profit / (Loss) of Rs. 104878 lacs for the year ending on 31-MAR-2011 against Rs. 81426 lacs for the year ending on 31-MAR-2010.

Syndicate Bank has informed the Exchange that the Bank has revised the Rate of interest on Domestic Term Deposits with effect from May 06, 2011.

Syndicate Bank has informed the Exchange that upon receipt of funds from Government of India, the Bank has, on March 23, 2011, allotted 5,13,17,389 (Five crores thirteen lacs seventeen thousand three hundred and eighty nine only) equity shares of face value of Rs.10/- each for cash at a premium of Rs.113.35 (Rupees One hundred thirteen and paise thirty five only) determined in accordance with Regulation 76(1) of SEBI ICDR Regulations aggregating to Rs.632,99,99,934/- on preferential basis to Government of India.

Syndicate Bank has submitted to the Exchange a copy of the Proceedings of the Extra-ordinary General Meeting (EGM) of the Shareholders of the bank held on March 19, 2011.

Syndicate Bank has informed the Exchange regarding "Raising of Equity Capital of the Bank by Issuance of Equity Shares by way of Preferential Allotment to Government of India".

Syndicate Bank has informed the Exchange that the Extraordinary General Meeting of the Shareholders of the Bank will be held on March 19, 2011.

Syndicate Bank has informed the Exchange that the Board of Directors of the Bank in the meeting held on February 19, 2011 has permitted the Bank of initiate process to raise capital by creating, offering, issuing and allotting such number of equity shares of face value of Rs.10/- each for cash at such price as may be determined in accordance with Regulation 76(1) of SEBI ICDR Regulations aggregating to Rs.633.00 Crore on preferential basis to Government of India and to complete the formalities by March 31, 2011. This is in terms of the communication from Government of India, Ministry of Financ

Syndicate Bank has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2010 as follows: Interest earned of Rs. 294315 lacs for the quarter ending on 31-DEC-2010 against Rs. 245553 lacs for the quarter ending on 31-DEC-2009. Interest expended of Rs. 179295 lacs for the quarter ending on 31-DEC-2010 against Rs. 173758 lacs for the quarter ending on 31-DEC-2009. Net Profit / (Loss) of Rs. 25619 lacs for the quarter ending on 31-DEC-2010 against Rs. 20572 lacs for the quarter ending on 31-DEC-2009.

Syndicate Bank has submitted to the Exchange the Standalone Financial Results for the period ended December 31,2010.

Syndicate Bank has informed the Exchange vide its letter dated December 08, 2010, regarding a press Note titled "Synd ASBA - Application Supported by Blocked Amount".

Syndicate Bank has informed the Exchange regarding "Modification in Rate of Interest on Deposits"

Syndicate Bank has informed the Exchange vide its letter dated December 03, 2010, regarding a press Note titled "My Home My Expo - Mega Property Event organized by SyndicateBank".

Syndicate Bank has submitted to the Exchange the Standalone Financial Results for the period ended September 30,2010.

Syndicate Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2010 as follows: Interest earned of Rs. 274133 lacs for the quarter ending on 30-SEP-2010 against Rs. 256104 lacs for the quarter ending on 30-SEP-2009. Interest expended of Rs. 163370 lacs for the quarter ending on 30-SEP-2010 against Rs. 194318 lacs for the quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 23710 lacs for the quarter ending on 30-SEP-2010 against Rs. 17781 lacs for the quarter ending on 30-SEP-2009.

Syndicate Bank has informed the Exchange that the Company has Appointed 6 Chartered Accountant Firms as Statutory Central Auditors for the year 2010-2011.

Syndicate Bank has informed the Exchange that "In exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 and sub-clause (1) of clause 8 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, after consultation with Reserve Bank of India, vide its notification dated 01.09.2010,, has nominated Sri Ravi Chatterjee as Executive Director of the Bank with effect from the date of his taking over charge of

Syndicate Bank has informed the Exchange that " In exercise of the powers conferred by clause (e) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of undertakings) Act, 1970/1980 read with sub-clause (1) & (2) of clause 9 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government vide its notification dated August 31, 2010, has approved Sri Narendra L Dave as Workmen Employee Director of the Board of Directors of the Bank for a period of Three years from the date of notification or until he ceases to be a workm

Syndicate Bank has informed the Exchange that "In exercise of the powers conferred by clause (c) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government vide its notification dated 30.07.2010, has nominated Sri A S Rao, as Director on the Board of Directors of the Bank, in place of Sri K Seetharamu with immediate effect and until further orders".

Syndicate Bank has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2010 as follows: Interest earned of Rs. 260436 lacs for the quarter ending on 30-JUN-2010. Interest expended of Rs. 164054 lacs for the quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. 26545 lacs for the quarter ending on 30-JUN-2010.

Syndicate Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2010 as follows: Interest earned of Rs. 260436 lacs for the quarter ending on 30-JUN-2010 against Rs. 255874 lacs for the quarter ending on 30-JUN-2009. Interest expended of Rs. 164057 lacs for the quarter ending on 30-JUN-2010 against Rs. 197303 lacs for the quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 26536 lacs for the quarter ending on 30-JUN-2010 against Rs. 26156 lacs for the quarter ending on 30-JUN-2009.

Syndicate Bank has informed the Exchange that "In exercise of the powers conferred by clause (f) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) & (2) of Clause 9 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government after consultation with Reserve Bank of India, has nominated Sri Dinkara S Punja as Officer Employee Director on the Board of Directors of the Bank for a period of three years from July 12, 2010 or until he ceases to be an officer of the

Syndicate Bank has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Bank held on June 25, 2010.

Syndicate Bank has informed the Exchange that the Bank has fixed its Base Rate at 8.25% (Eight and Quarter percent) effective from July 01, 2010.

Syndicate Bank has informed the Exchange that the date of payment of Dividend for the year 2009-10 is July 06, 2010, if approved by the shareholders at the AGM.

Syndicate Bank has informed the Exchange that Register of Members and Share Transfer Books of our Bank will be closed from June 18, 2010 to June 25, 2010 (both days inclusive) for the purpose of Annual General Meeting and for ascertaining the shareholders, who are entitled to receive the Dividend 2009-10. Further, the Annual General Meeting of the Shareholders will be held on June 25, 2010.

Syndicate Bank has informed the Exchange that "In exercise of the powers conferred by clause (b) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government has, on May 10, 2010 nominated Sri Hindupur Pradeep Rao, Joint Secretary and Financial Advisor, Ministry of Finance, New Delhi as a Director on the Board of Directors of our Bank with immediate effect and until further orders."

Syndicate Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 04, 2010 has proposed a Dividend of Rs. 3.00 per share (30%) for the year 2009-10, subject to approval of shareholders at the Annual General Meeting.

Syndicate Bank has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2010 as follows: Interest earned of Rs. 1004718 lacs for the year ending on 31-MAR-2010 against Rs. 957963 lacs for the year ending on 31-MAR-2009. Interest expended of Rs. 730724 lacs for the year ending on 31-MAR-2010 against Rs. 697754 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 81426 lacs for the year ending on 31-MAR-2010 against Rs. 91352 lacs for the year ending on 31-MAR-2009.

Syndicate Bank has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2010 as follows: Interest earned of Rs. 1004718 lacs for the year ending on 31-MAR-2010 against Rs. 957963 lacs for the year ending on 31-MAR-2009. Interest expended of Rs. 730737 lacs for the year ending on 31-MAR-2010 against Rs. 697760 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 81332 lacs for the year ending on 31-MAR-2010 against Rs. 91282 lacs for the year ending on 31-MAR-2009.