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Syndicate Bank Reports 28% Increase in Q2 Profit
November 06, 2017
Public sector Syndicate Bank reported a 28% jump in its second-quarter profits on year-over-year basis. While last year, the bank reported a profit of Rs. 82.42 crores for the quarter ending September, this year it stood at Rs. 105.24 crores during the same period.
The bank’s Net Interest Income also increased by 6.70% to Rs 1,649 crore from Rs 1,545 crore.
