Press Esc to close
Saturday 23 August 2014
News updated at 12:58 PM IST
Weather
Max: 0°C
Min : 0°C
In Bangalore
Cloudy sky

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
Tourists stand in line outside Notre Dame Cathedral in Paris ...

Tourists stand in line outside Notre Dame Cathedral in Paris ...

A brave-heart woman takes on a group of attackers as they assault her husband in Meerut ...

A brave-heart woman takes on a group of attackers as they assault her husband in Meerut ...

Indian Men’s Hockey team accepting the “ ALS Ice Bucket Challenge” in New Delhi ...

Indian Men’s Hockey team accepting the “ ALS Ice Bucket Challenge” in New Delhi ...

Bengal Warriors and Telugu Titans in action during the Pro Kabaddi league match in Jaipur ...

Bengal Warriors and Telugu Titans in action during the Pro Kabaddi league match in Jaipur ...

Irom Sharmila who is on an indefinite fast  being re-arrested in Imphal ...

Irom Sharmila who is on an indefinite fast being re-arrested in Imphal ...

Bhojpuri actors Ravi Kishan, Madhu Sharma and Pawan Singh at a music launch in Patna ...

Bhojpuri actors Ravi Kishan, Madhu Sharma and Pawan Singh at a music launch in Patna ...

Sculptors giving final touches to the idols of Ganesh ahead of the Ganesh Chaturthi festival ,Agra .

Sculptors giving final touches to the idols of Ganesh ahead of the Ganesh Chaturthi festival ,Agra .

Singaporean Prime Minister Lee Hsien Loong with Chief Minister of Telangana K Chandrasekar Rao ...

Singaporean Prime Minister Lee Hsien Loong with Chief Minister of Telangana K Chandrasekar Rao ...

Women during the  inaugural ceremony of the Three-day North East Film Festival ...

Women during the inaugural ceremony of the Three-day North East Film Festival ...

Indian Men’s Hockey team Captain Sardar Singh ccepting the “ ALS Ice Bucket Challenge” ...

Indian Men’s Hockey team Captain Sardar Singh ccepting the “ ALS Ice Bucket Challenge” ...

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