Syndicate Bank

Syndicate Bank has informed the Exchange w.r.t the Annual General Meeting of Shareholders of the Bank will be held on June 25, 2013 regarding election of one Shareholder Director.

Syndicate Bank has informed the Exchange that Dividend 2012-13 of the Bank will be paid, if declared at the AGM, on June 28, 2013.

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by clause (c) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government vide its notification dated May 31, 2013, has nominated Shri M Rajeshwar Rao, as Director on the Board of Directors of the Bank, in place of Shri A S Rao with immediate effect and until further orders.

Syndicate Bank has informed the Exchange that Register of Members and Share Transfer Books of the Bank will be closed from June 18, 2013 to June 25, 2013 (both days inclusive) for the purpose of ascertaining the shareholders, who are entitled to receive the Dividend 2012-13 and for the purpose of Annual General Meeting.

Syndicate Bank has informed the Exchange regarding a Press Release dated May 02, 2013, titled "Global Business exceeds Rs. 3.34 lakh crore".

Syndicate Bank has informed the Exchange that the Base Rate and BPLR of the Bank stands reduced from 10.50% to 10.25% and from 14.75% to 14.50% respectively, with effect from February 13, 2013.

Syndicate Bank has informed the Exchange that:"In exercise of the powers conferred by sub- section (3)(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government has nominated Mr. C R Naseer Ahmed as part-tme non-official director on the Board of Directors of the Bank for a period of three years from 01.02.2013 or until further orders, whichever is earlier"

Syndicate Bank has submitted to the Exchange vide its letter dated January 28, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 along with a copy of Disclosure under Regulation 13(3) and 13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.

Syndicate Bank has submitted to the Exchange, vide its letter dated January 28, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 and disclosure pursuant to Regulation 13(3) and 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992.

Syndicate Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on January 23, 2013, has given "in principle approval" for raising of Capital by any means including Qualified Institutional Placement (QIP). The amount of capital to be raised, the timing of the issue and any incidental matters in connection therewith will be decided in due course.

Life Insurance Corporation of India has submitted to the Exchange, vide its letter dated January 18, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 and disclosure pursuant to Regulation 13(3) and (6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992.

Syndicate Bank has informed the Exchange that the Bank has on December 28,2012 raised Tier II Capital to the extent of Rs. 1000.00 Crore through issue of Unsecured Non-Convertible Subordinated Lower Tier II Bonds. The issue opened and closed on December 28,2012 and was fully subscribed. The bond was priced at 9.00%p.a. payable annually.

Syndicate Bank has informed the Exchange vide letter dated October 20, 2012 regarding MTN Issue of USD 500.00 MIO.

Syndicate Bank has informed the Exchange vide its letter dated July 30, 2012, regarding a press release, titled "Syndicate Bank Announces its Financial Results for the quarter ended June 30, 2012".

Syndicate Bank has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Shareholders of the Bank held on July 17, 2012.

Syndicate Bank has informed the Exchange vide its letter dated July 18, 2012 regarding voting results of the Bank`s Annual General Meeting held on July 17, 2012.

Syndicate Bank has informed the Exchange regarding the Outcome of Annual General Meeting of the bank held on July 17, 2012.

Syndicate Bank has informed the Exchange that pursuant to the notice convening the Annual General Meeting of the Bank and in terms of Regulation 66 of Syndicate Bank (Shares & Meetings) Regulations, 1998, the Nomination Committee of the Board have found the nominations received from the following candidates for Election of Two Directors from amongst shareholders of the Bank, other than Central Government, to be valid.

Syndicate Bank has informed the Exchange that the Bank has fixed June 15, 2012 as the Specified Date (Cut- Off Date) for the purpose of ascertaining the shareholders entitled to participate in the election i.e. to Nominate, Contest and Vote for the election of two Directors representing the shareholders of the Bank, (other than the Central Government) pursuant to Section 9(3) (i) of the Banking Companies (Acquisition & Transfer of Undertaking) Act, 1970 read with the Banking Regulation Act 1949, The Nationalised Bank (Management and Miscellaneous Provisions) Scheme, 1970 and Syndicate Bank (Shares & Meetings) Regulations, 1998 as amended from time to time, Notification Nos. DBOD No. BC.46 & 47/29.39.001/2007-08 dated November 01, 2007 read with DBOD.No.BC.NO.95/29.39.001/2010-11 dated May 23, 2011 of Reserve Bank Of India at the ensuing Annual General Meeting of the Bank scheduled to be held on July 17, 2012.

Syndicate Bank has informed the Exchange vide its letter dated May 05, 2012, regarding a press release, titled "Syndicate Bank Announces its Audited Financial Results for the Year 2011-2012".

Life Insurance Corporation of India has submitted to the Exchange, vide its letter dated April 19, 2012 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 and disclosure pursuant to Regulation 13(3) and (6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 for purchase of 2,83,21,791 shares.

Syndicate Bank has informed the Exchange that the Bank has decided to change in interest rates on lending and deposits i.e. Base Rate, Benchmark Prime Lending Rate (BPLR) and interest rates on term deposits as under: (1) Decrease Base Rate by 25 bps, i.e., from 10.75% to 10.50% w.e.f. May 01, 2012. (2) Decrease BPLR by 25 bps, i.e., from 15.00% to 14.75%, w.e.f. May 01, 2012. (3) Revise downward Interest Rates on Domestic Term Deposits upto Rs. 15 lacs under select maturity buckets w.e.f. April 23, 2012. (4) Revise downward Interest Rates on NRE Term Deposits w.e.f. April 23, 2012.

Syndicate Bank has informed the Exchange vide its letter dated March 29, 2012 regarding "Preferential allotment of shares in favour of various schemes of LIC of India".

Syndicate Bank has informed the Exchange that the Extraordinary General Meeting (EGM) of shareholders of the Bank was held on March 22, 2012. The shareholders of the Bank in the EGM approved the issue of such number of equity shares to Government of India upto Rs 539 Crore and LIC of India upto Rs.327.20 Crore aggregating to Rs.866.20 Crore at Rs.114.15 per equity share of face value of Rs.10/- each on preferential basis in terms of SEBI (ICDR) Regulations, 2009.

Syndicate Bank had informed the Exchange about the appointment of Shri M .G. Sanghvi, Executive Director, Bank of Maharashtra as the Chairman and Managing Director of the Bank from the date of his taking over charge of the post on or after March 01, 2012 till June 30, 2013 i.e. the date of his attaining the age of superannuation or until further orders, whichever is earlier. The Bank has now informed the Exchange that Shri M C Sanghvi has taken over charge as Chairman and Managing Director of the Bank on March 01, 2012.

Syndicate Bank has submitted to the Exchange a copy of the notice of Extra Ordinary General Meeting (EGM) of the shareholders of the Bank to be held on March 22, 2012.

Syndicate Bank has informed the Exchange vide its letter dated February 18, 2012 regarding "Raising of Equity Capital of the Bank by issuance of Equity Shares by way of Preferential Allotment to Government of India/ LIC of India".

Syndicate Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on February 11, 2012 has considered and approved for raising of Equity Capital of the Bank by Issuance of Equity Shares by way of Preferential Allotment to Government of India / Others.

Syndicate Bank has informed the Exchange that the Bank has appointed following 6 Chartered Accountant Firms as Statutory Central Auditors of the Bank for year 2011- 2012. (1) M/s. Jain & Associates, Chandigarh (2) M/s. Prakash Chandra Jain & Co, Udaipur (3) M/s. S Sonny Associates, Chennai (4) M/s. R Vender Gupta and Associates, New Delhi (5) M/s. Thakur Vadiyanath Aiyar & Co, New Delhi (6) M/s. Chandiok & Guliani, New Delhi out of the above, first five firms are continuing Statutory Central Auditors, While M/s. Chandiok & Guliani, New Delhi have been appointed in place of M/s. N C Mitra & Co, Kolkata who have completed the term.

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by of sub- section (3)(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government has appointed Sri Ramesh L Adige as part-time non-official director on the Board of Directors of the Bank for a period of three years from December 09, 2011 or until further orders, whichever is earlier.

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by of clause (a) sub-section (3) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3, Clause 5, Clause 6, Clause 7 and sub- clause (1) of Clause 8 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government after consultation with Reserve Bank of India has appointed Shri M. G. Sanghvi, Executive Director, Bank of Maharashtra as the Chairman and Managing Director of the Bank from the date of his taking over charge of the post on or after March 01, 2012 till June 30, 2013 i.e. the date of his attaining the age of superannuation or until further orders, whichever is earlier.

Syndicate Bank has informed the Exchange regarding a Press Note dated September 05, 2011 on the CASA Campaign launched by the Bank from September 01, 2011 across the country.

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 and sub-clause (1) of clause 8 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, after consultation with Reserve Bank of India, has appointed Shri M Anjaneya Prasad as Executive Director of the Bank with effect from August 24, 2011 till November 30, 2014 i.e. the date of his superannuation or until further orders, whichever is earlier.

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by of sub- section (3)(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government has nominated Sri Jagdish Raj Shrimali as part-time non-official director on the Board of Directors of the Bank for a period of three years from July 29, 2011 or until further orders, whichever is earlier.

Syndicate Bank has submitted to the Exchange a copy of Revision of Interest Rates on Domestic Term Deposits.

Syndicate Bank has informed the Exchange that in exercise of the powers conferred by clause (g) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (b) of Clause 9(2) of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government after consultation with Reserve Bank of India, has nominated Sri Dilip Kumar Saxena as part- time non-official director under Chartered Accountant category on the Board of Directors of the Bank for a period of three years from July 22, 2011 or until further orders, whichever is earlier.

Syndicate Bank has informed the Exchange that the Base Rate and BPLR of the Bank stands revised from 10.00% to 10.25% and 14.25% to 14.50%, respectively, effective from July 05, 2011.

Syndicate Bank has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Shareholders of the Bank held on June 25, 2011.

Syndicate Bank has informed the Exchange that the Annual General Meeting of the shareholder members of Bank will be held on June 25, 2011 to transact the following business : (1) To discuss, approve and adopt, the Balance Sheet of the Bank as at March 31, 2011 and the Profit & Loss Account of the Bank for the year ended on that date, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditors` Report on the Balance Sheet and Accounts; (2) To declare dividend for the financial year 2010-11. Further, the Dividend, if declared at the AGM, will be paid on July 07, 2011.

Syndicate Bank has informed the Exchange that Sri M Bhaskara Rao ceased to be a Director of the Bank with effect from May 12, 2011, consequent upon his demitting office in terms of Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980.

Syndicate Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 12, 2011 has recommended a Dividend of Rs. 3.70 per share (37%) for the year 2010-2011, subject to approval of shareholders at the Annual General Meeting.

Syndicate Bank has informed the Exchange that the Bank has revised the Rate of interest on Domestic Term Deposits with effect from May 06, 2011.

Syndicate Bank has informed the Exchange that upon receipt of funds from Government of India, the Bank has, on March 23, 2011, allotted 5,13,17,389 (Five crores thirteen lacs seventeen thousand three hundred and eighty nine only) equity shares of face value of Rs.10/- each for cash at a premium of Rs.113.35 (Rupees One hundred thirteen and paise thirty five only) determined in accordance with Regulation 76(1) of SEBI ICDR Regulations aggregating to Rs.632,99,99,934/- on preferential basis to Government of India.

Syndicate Bank has submitted to the Exchange a copy of the Proceedings of the Extra-ordinary General Meeting (EGM) of the Shareholders of the bank held on March 19, 2011.

Syndicate Bank has informed the Exchange regarding "Raising of Equity Capital of the Bank by Issuance of Equity Shares by way of Preferential Allotment to Government of India".

Syndicate Bank has informed the Exchange that the Extraordinary General Meeting of the Shareholders of the Bank will be held on March 19, 2011.

Syndicate Bank has informed the Exchange vide its letter dated December 08, 2010, regarding a press Note titled "Synd ASBA - Application Supported by Blocked Amount".

Syndicate Bank has informed the Exchange regarding "Modification in Rate of Interest on Deposits"

Syndicate Bank has informed the Exchange that the Company has Appointed 6 Chartered Accountant Firms as Statutory Central Auditors for the year 2010-2011.

Syndicate Bank has informed the Exchange that " In exercise of the powers conferred by clause (e) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of undertakings) Act, 1970/1980 read with sub-clause (1) & (2) of clause 9 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government vide its notification dated August 31, 2010, has approved Sri Narendra L Dave as Workmen Employee Director of the Board of Directors of the Bank for a period of Three years from the date of notification or until he ceases to be a workmen employee of the bank or until further orders, whichever is the earliest."