Press Esc to close
Saturday 20 December 2014
News updated at 8:26 AM IST
Weather
Max: 24°C
Min : 18.2°C
In Bengaluru
Generally cloudy

SyndBank rolls out new products for MSME sector

Bangalore, October 20, 2013, DHNS:
Syndicate Bank CMD Sudhir Kumar Jain. DH Photo

In a bid to reiterate its commitment to the MSME sector, public sector lender Syndicate Bank on Sunday launched five new products.

The products namely SyndDoctor, SyndGranite, SyndTextiles, SyndCashew and SyndTransport, are tailor-made schemes to meet the credit requirements of the cashew industry, transport operators and weavers among others.

The bank also celebrated its 88th Foundation Day on Sunday, and reduced interest rates on housing loans to base rate of 10.25 per cent p.a. (both existing and fresh loans) and also lowered interest rates on vehicle loans and consumer loans.

Talking to delegates on the ocassion, Syndicate Bank Chairman and Managing Director Sudhir Kumar Jain said, “Our banking finance is not confined only to providing finance for those who can offer the security of the traditional type but to help the common man who has any production enterprise... Going forward, Syndicate Bank intends to leverage the IT platform for better customer service.”
     


Go to Top

Photo Gallery
People takes protection against cold with woollens...

People takes protection against cold with woollens...

helicopter following a crash during the men's World Cup Downhill skiing...

helicopter following a crash during the men's World Cup Downhill skiing...

a migrant carries a tent trough a field...

a migrant carries a tent trough a field...

King penguins stand on the edge of their tank ...

King penguins stand on the edge of their tank ...

Mount Gamalama spews volcanic ash as it erupts...

Mount Gamalama spews volcanic ash as it erupts...

Kashmiri students wearing shrouds with red colour

Kashmiri students wearing shrouds with red colour

Staff dressed as Santa Claus try to squeeze into a car at a theme...

Staff dressed as Santa Claus try to squeeze into a car at a theme...

The VIP flyover wears a deserted look during Taxi strike in Kolkata...

The VIP flyover wears a deserted look during Taxi strike in Kolkata...

Children during a Christmas celebration at National Centre for Performing Arts ...

Children during a Christmas celebration at National Centre for Performing Arts ...

Hero Action Team during a cycling expedition at Kufri...

Hero Action Team during a cycling expedition at Kufri...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523