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Syndicate Bank to revise rates

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BS Reporter Chennai/ Mangalore
Last Updated : Jan 29 2013 | 1:14 AM IST

Speaking to reporters after the Annual General Meeting here in Manipal today he said the bank had declared a final dividend of 13 per cent for the financial year 2007-08 in addition to interim dividend of 15 per cent declared earlier.

The total global business of the bank stood at Rs 1,60,368 crore as on March 31, he informed.

The bank's thrust on agriculture and priority sectors continued and agricultural advances increased to Rs 9,332 crore and priority sector advance to Rs 21,841 crore, he added.

The target of the bank was Rs 1,90,000 crore of global business consisting of Rs 1,12,500 crore of deposits and Rs 77,500 crore in advances, he said and added that the bank had undertaken a campaign to add half a million new women accounts within two months.

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First Published: Jun 24 2008 | 12:00 AM IST

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