Backed by a huge portfolio of investments and a first quarter profit of Rs 102 crore, Syndicate Bank is expecting to post about 25 per cent growth in net profit for the current fiscal at over Rs 425 crore compared with Rs 344 crore profit registered for the previous fiscal.
The bank also targets to do a total global business of over Rs 60,000 crore in the current year against Rs 47,687 crore done in the last fiscal.