Syndicate Bank inks pact with KSPSC

20 May 2011 Evaluate

Syndicate Bank has entered into a memorandum of understanding (MoU) with Karnataka State Public Service Commission (KPSC) to accept application fee across all its branches in the state. With the signing of this MoU the bank has started offering comprehensive C2B (Customer to Business) solution to KPSC.

The aspirants applying for the vacant positions called for by KPSC from time to time need to log onto KPSC website and apply online. On submitting the application online the candidate has to download system generated challan having unique identification number and make payment of the application fee at any of Syndicate Bank or through NEFT from any other Bank.

Besides, Syndicate Bank has reported results for the quarter and the year ended March 31, 2011.

The bank’s net profit for the fourth quarter has jumped by 71.96% at Rs 289.29 crore as compared to Rs 168.23 crore for the corresponding quarter previous year. Its total income has increased by 24.59% at Rs 3416.60 crore for the quarter under review from Rs 2742.20 crore in the corresponding previous quarter.

The bank has registered a growth of 28.85% in its net profit for the year under review at Rs 1047.95 crore as compared to Rs 813.32 crore for the last year. Its total income has increased by 10.27% at Rs 12365.98 crore for the year from Rs 11214.64 crore in previous year.

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