Public Sector Lender SyndciateBank has posted a net profit of Rs 107.99 Crore in (Q3) Quarter ended 31st December 2018. This is the first time profit for the Bangalore based bank after four consecutive quarter loss. SyndicateBank Quarter profit in Dec 2018 has shown the determination of new leadership in the bank with positive changes. MD & CEO Sri Mrutyunjay Mahapatra has tweeted and congratulate the bank staffs for their hard work.
Bank has improved in almost all the parameters including the Low cost deposits and total business.
Checkout the Balance Sheet of SyndicateBank for Q3 – Here