Syndicate Bank Q1 net up 11%

Syndicate Bank has posted an 11% rise in net profit for the quarter ended June 30, 2006 (Q1FY07) at Rs 180.58 crore when compared with Rs 163.11 crore for Q1FY06.

According to an official release issued by syndicate Bank to the BSE today, total income has increased to Rs 1365 crore for Q1FY07 from Rs 1096.32 crore for Q1FY06.