Syndicate Bank IPO by the end of this fiscal

November 24, 2007

Syndicate Bank is considering a third public offer and has recieved the approval from the board of directors, the bank is awaiting approval from the SEBI and RBI for the FPO.

Syndicate Bank IPO, this time would be the third time the Bank is knocking the Public for raising funds and according to the market sources they are planning to come up by the end of this fiscal.

Shares of Syndicate Bank closed at Rs 97.05 on the BSE with volumes o 143,283 shares as on Friday.

Posted in Indian IPOs