Syndicate Bank

Managed flexible workspace provider Simpliwork Offices is planning to invest Rs 750 crore next fiscal to expand its portfolio and raise up to Rs 2,800 crore in equity and debt for future growth. Founded in 2018, Bengaluru-based Simpliwork Offices currently has an office portfolio of around 4.2 million square feet, roughly 50,000 desks, across major 8 cities. Salarpuria Sattva, one of the leading real estate firms in the country, with a large presence in the office market, has a 50 per cent stake in Simpliwork Offices. Kunal Walia, the founder and CEO of Simpliwork, along with some other investors, holds the remaining stake. In an interview with PTI, Walia noted that the leasing of flexible office space rose during the 2022 calendar year, and demand continues to be strong from large enterprises. The overall leasing of office space crossed 45 million square feet last year, after two years of slowdown due to the COVID pandemic, he highlighted. "Specifically, within that demand, we h

The central probe agency said its investigation in the case was initiated on the basis of an FIR filed by the Bengaluru Police

PSU Bank merger: You'll have to take stock of your cheque books, passbooks, IFCS, ECS mandates and other things once you start dealing with the new entity

Gaursons chairman's son held for cheating Bank of Baroda, Syndicate Bank of Rs 80 Cr: CBI

Market Ahead, April 1: Top Factors That Could Guide Markets Today

Starting today, automobile companies will starting releasing sales numbers for March. According to a Business Standard report, these auto sales for the month could see a 50 per cent YoY

According to the banks, they have either put the sessions on hold or are opting for e-learning instead of classroom sessions.

Gross bad loans or NPAs came down to 11.33 per cent of gross advances as on December 31, 2019 from 12.54 per cent at the end of the same month a year ago.

The bank crossed Rs 5 trillion total business mark at the end of December 31, 2019

Ten central trade unions have called a nation-wide general strike on January 8 'to protest against anti-labour policies' of the government

After the merger, the combined entity will also see a higher number of chief general managers

Canara Bank Chairman T N Manoharan said his bank was having a business of Rs 10 trillion and the Syndicate Bank R.five trillion

The bank's provisioning for bad loans and contingencies came down to Rs 639 crore during the quarter as against Rs 2,217 crore in the same period a year ago

The RBI imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank Ltd for non-compliance with certain provisions of directions issued by RBI on IRAC norms

This action is based on the deficiencies in regulatory compliance

As Canara Bank and Syndicate Bank are going to be one entity, it will not be proper to fight bitterly in the market, says Mrutyunjay Mahapatra

News of the mergers comes minutes before official data is expected to confirm a fifth-straight quarter of slowing economic growth

After today's mergers, the count of government-owned banks will come down to 12 from 27 in 2017

The bank has recovered about Rs 800 crore in the first quarter and the target for the current fiscal is Rs 4,000 crore, said Syndicate Bank Managing Director Mrutyunjay Mahapatra

The bank had posted a net loss of Rs 1,281.77 crore in the corresponding April-June period of the previous fiscal

The public sector lender is confident of posting Rs 500 cr net profit in FY20