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{df` gyMr CONTENTS dm{f©H$ [anmoQ>© Annual Report 2016 – 2017 n¥îR> Page n¥îR> Page • à~§Y {ZXoeH$ Ed§ _w»` H$m`©H$mar A{YH$mar H$m dŠVì` • boIm g§~§Yr {Q>ßn{U`m± Notes on Accounts 203 Managing Director & CEO’s Statement 3 • ZH$Xr àdmh {ddaU Cash Flow Statement 224 • {ZXoeH$m| H$s [anmoQ>© Directors’ Report 15 • g_o{H$V VwbZ-nÌ Consolidated Balance Sheet 226 • H$m°anmoaoQ> A{^emgZ na [anmoQ>© • qgS>~¢H$ g{d©goO {b{_Q>oS> SyndBank Services Limited 271 Report on Corporate Governance 84 • B©grEg g§~§Yr n[anÌ Circular regarding ECS 283 • III 2017 ~mgob - àH$Q>rH$aU - _mM© • ECS Mandate Form 285 Basel III Disclosures – March 2017 156 B©grEg A{YXoe \$m°_© • \$m°_© 2~r Form 2B 287 • boImnarjH$m| H$m à{VdoXZ Auditors’ Report 181 • H$m°anmoaoQ> A{^emgZ _| h[aV nhb: H$mJµO a{hV • VwbZ-nÌ Balance Sheet 184 Green Initiative in Corporate Governance: 289 • bm^ d hm{Z boIm P & L Account 185 Go Paperless • boIm| H$s AZwgy{M`m± Schedules to Accounts 186 • nVo _| n[adV©Z H$m \$m°_© Change of Address Form 290 • _hËdnyU© boIm§H$Z Zr{V`m± Significant Accounting Policies 192 • AàXÎm bm^m§e Unpaid Dividends 292 {ZXoeH$ _§S>b BOARD OF DIRECTORS lr AéU lrdmñVd, à~§Y${ZXoeH$ Shri Arun Shrivastava, Managing Director and Ed§ _w»` H$m`©H$mar A{YH$mar Chief Executive Officer lr a{d e§H$a nmÊS>o`, H$m`©nmbH$ {ZXoeH$ Shri Ravi Shanker Pandey, Executive Director lr grEM Eg Eg _pëbH$mOw©Z amd, H$m`©nmbH$ {ZXoeH$ Shri CH S S Mallikarjuna Rao, Executive Director lr am Zm Xþ~o, {ZXoeH$ Shri R N Dubey, Director lr éÐ Zmam`U H$a, {ZXoeH$ Shri Rudra Narayan Kar, Director lr O`§V nwéfmoÎm_ JmoIbo, {ZXoeH$ Shri Jayant Purushottam Gokhale, Director gwlr d§XZm Hw$_mar OoZm, {ZXoeH$ Ms. Vandana Kumari Jena, Director lr Or a_oe, {ZXoeH$ Shri G Ramesh, Director lr H$_b {H$emoa qgKb, {ZXoeH$ Shri Kamal Kishore Singhal, Director lr gwZrb d{eîR>, {ZXoeH$ Shri Sunil Vashisht, Director boImnarjH$ Auditors _ogg© JUoeZ E§S> H§$nZr M/s Ganesan and Company _ogg© _{U`Z E§S> amd M/s Manian & Rao _ogg© nr Or ^mJdV M/s P G Bhagwat _ogg© Eg EZ H$nya E§S> Egmo{g`oQ²>g M/s S N Kapur & Associates _ogg© AJñVr E§S> Egmo{g`oQ²>g M/s Agasti & Associates a{OñQ´>ma Ed§ eo`a A§VaU EO|Q> Registrars & Share Transfer Agents H§$nZr g{Md The Company Secretary _ogg© H$mdu H§$ß`yQ>aeo`a (àm) {b{_Q>oS> M/s Karvy Computershare (P) Ltd. {ZdoeH$ g§nH©$ H|$Ð Investor Relations Centre `y{ZQ>: qg{S>Ho$Q>~¢H$ Unit: SyndicateBank qg{S>Ho$Q> ~¢H$ - H$manmoaoQ> H$m`m©b`, SyndicateBank - Corporate Office H$mdu gobo{Z`_ Q>m°da ~r, Karvy Selenium Tower B., 2 H«$mg, Jm§YrZJa 2nd Cross, Gandhinagar ßbm°Q> g§.31 go 32, JMr~m¡br Plot No. 31–32, Gachibowli Bengaluru - 560 009 (Karnataka) ~|Jbyé – 560 009 (H$Zm©Q>H$) {\$Zm§{e`b {S>pñQ´>ŠQ>, ZmZH$am_JwS>m Financial District, Nanakramguda, Tel 080 - 22283030 Xÿa^mf: 080 - 22283030 h¡Xam~mX – 500 032 Hyderabad 500 032 Fax - 080 - 22283030 - 080 - 22283030 Xya^mf: 040 67162222 `m Phone No. 040 67162222 or \¡$Šg E-mail: [email protected] (General) 040 67161516 (D) 040 67161516 (D) B©-_ob: [email protected] (gm_mÝ`) Investor Grievances: \$¡Šg: 040 23001153 Fax No. 040 23001153 {ZdoeH$ {eH$m`V: [email protected] Q>m°b \«$s Z§.: 1800-345-4001 Toll Free No. 1800-345-4001 [email protected] 1 2 à~§Y {ZXoeH$ Ed§ _w»` H$m`©H$mar A{YH$mar H$m dº$ì` MANAGING DIRECTOR & CEO’S STATEMENT {à` eo`aYmaH$mo, Dear Shareholders, AmnHo$ ~¢H$ H$s 18 dt dm{f©H$ Am_ ~¡R>H$ _| AmnH$m ñdmJV H$aZo Am¡a It gives me great pleasure in welcoming you all to the 18th Annual General Meeting of your bank and presenting the 31 2017 _mM© H$mo g_má df© Ho$ {bE AmnHo$ ~¢H$ Ho$ {ZînmXZ H$s _w»` highlights of your Bank’s performance for the year ended {deofVmE§ àñVwV H$aZo _| _wPo H$m\$s àgÞVm hmo ahr h¡& Bg Adga na, 31st March 2017. On this occasion, I would like to thank {dÎmr` df© 2016-17 Ho$ Xm¡amZ ~ohVa {ZînmXZ hm{gb H$aZo _| ~¢H$ H$mo each one of you for your continued support and loyalty which enabled the bank to perform better & turnaround gj_ ~ZmZo Am¡a bmJV _| H$Q>m¡Vr, J¡a-ã`mOr Am` _| d¥{Õ, IwXam, H¥${f with the net profit of `359 crore during the FY 2016-17 Ed§ E_EgE_B© joÌm| Ho$ A§VJ©V A{J«_m| _| d¥{Õ, ZB© {JamdQ>m| _| H$_r Am¡a by focusing on reduction in costs, increase in noninterest AZO©H$ AmpñV`m| H$s dgybr na Ü`mZ Ho$pÝÐV H$aVo hþE `359 H$amo‹S> income, increase in advances under Retail, Agriculture and MSME segments, containing fresh slippages and H$m {Zdb bm^ hm{gb H$aZo _| AmnHo$ {Za§Va g_W©Z Am¡a {Zð>m Ho$ {bE recovery of nonperforming assets. Before I proceed to _¢ Amn g^r H$m YÝ`dmX H$aVm hÿ±& AmnHo$ ~¢H$ H$s {ZînmXZ {deofVmE± present the performance highlights of your bank, I would àñVwV H$aZo go nhbo, _¢ AmnHo$ g_j gm_mÝ` _oH«$moBH$m°Zm°{_H$ Am¡a ~¢qH$J like to place before you the general macroeconomic & n[adoe H$m boImOmoIm aIZm MmhVm hÿ± {OgHo$ VhV AmnHo$ ~¢H$ Zo {dÎmr` banking environment under which your bank has performed in FY 2016-17. df© 2016-17 _| {ZînmXZ {H$`m h¡& ì`mnH$ Am{W©H$ Ed§ ~¢qH$J n[aÑí` Macroeconomic and Banking Overview {dÎmr` df© 2016-17 Ho$ Xm¡amZ, d¡{œH$ AW©ì`dñWm _Ü`_ Am¡a Ag_mZ During FY 2016-17, the global economy continued to grow at a moderate and uneven pace, constrained by J{V go ~‹T>Vr ahr, {Oggo {damgV _| {_br d¡{œH$ {dÎmr` g§H$Q>, ~«opŠgQ> both the legacies of global financial crisis, Brexit and a Am¡a H$B© ZB© MwZm¡{V`m| go hmoH$a JwOaZo H$mo _O~ya hmoZm n‹S>m& AmB©E_E\$ number of new challenges. According to IMF’s World H$s {dœ Am{W©H$ Ñ{ï>H$moU [anmoQ>© Ho$ AZwgma, d¡{œH$ d¥{Õ Xa df© 2016 Economic Outlook report, global growth is expected at 3.1 percent in 2016 and projected to pick up 3.5 percent in 3.1 _| à{VeV ahZo H$m AZw_mZ ahm Am¡a {Zdoe, {d{Z_m©U Ed§ ì`mnma _| 2017 due to long awaited cyclical recovery in investment, b§~o g_` go àVr{jV MH«$s` dmngr Ho$ H$maU df© 2017 _| ~‹T>H$a 3.5 manufacturing and trade. à{VeV hmoZo H$m AZw_mZ ahm& However, in the domestic front also, operating environment VWm{n, Kaoby joÌ _| ^r Am¡Úmo{JH$, ì`mnma Am¡a H¥${f joÌ _| X~mdJ«ñV remained a cause for concern with the industrial, trade pñW{V Ho$ gmW n[aMmbZ n[adoe qMVm H$m H$maU ~Zm ahm& ZB© and agriculture sector reeling under pressure. Private investment climate continues to be weak with lower new n[a`moOZmAm| H$mo bmJy H$aZo _| AmB© H$_r Am¡a ñW{JV n[a`moOZmAm| H$mo projects being commissioned and slower completion nyam H$aZo _| Yr_onZ Ho$ H$maU {ZOr joÌ Ho$ {Zdoe H$m _mhm¡b H$_Omoa ahm of stalled projects. The country continued to reel under h¡& Xoe, {Za§Va gyIo H$s pñW{V H$m gm_Zm H$aVm ahm h¡& drought situation. 3 BgHo$ ~mdOyX, AË`{YH$ Kaoby InV, ~ohVa ì`mnH$ Am{W©H$ {gÕm§Vm| Despite this, India has emerged as the fastest growing economy among large economies of the world due to its Am¡a EH$ gwYmadmXr gaH$ma O¡gr AnZr Am§V[aH$ e{º$`m| Ho$ H$maU ^maV intrinsic strengths such as strong domestic consumption, AmO {dœ H$s ~‹S>r AW©ì`dñWmAm| Ho$ ~rM g~go VoµOr go ~‹T>Vr hþB© greater macroeconomic fundamentals and a reform AW©ì`dñWm Ho$ ê$n _| C^am h¡& 28 \$adar 2017 H$mo àH$m{eV grEgAmo oriented government. As per CSO data published on 28th February 2017, India’s GDP growth rate for the third quarter 2016-17 3 S>mQ>m Ho$ AZwgma, {dÎmr` df© H$s Vrgar {V_mhr (Š`y ) _| (Q3) of FY 2016-17 grew at 7 percent as compared to 7.5 ^maV Ho$ gH$b Kaoby CËnmX H$s d¥{Õ Xa 7 à{VeV hmo JB© Omo {nN>bo df© percent in the corresponding period of last year. H$s Bgr Ad{Y _| 7.5 à{VeV Wr& Due to challenging operating environment, the Indian MwZm¡VrnyU© n[aMmbZ n[adoe Ho$ H$maU, {dÎmr` df© 2016-17 Ho$ Xm¡amZ banking industry faced relatively subdued credit growth, ^maVr` ~¢qH$J CÚmoJ Zo AnojmH¥$V _§X F$U d¥{Õ, X~mdJ«ñV AmpñV`m| increasing stressed assets, lowering profitability and deteriorating capital positions during FY 2016-17.
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    ANNEXURE-VI Processing charges & Goods and Service Taxes (GST) and Procedure for Payment of Fee Mode of Payment of Fee and Service/Processing charges & GST After completing Step-3 of Online Application Form, candidates may remit the examination fee (Step -4) by choosing the following options: (i) Debit Card/ Credit card, Net Banking/UPI/ PAYTM: . Check the validity of the Debit/ Credit Card and keep it ready with you while logging on to website for submitting application form. Candidate should enter the information asked for and make payment through Debit/ Credit Card. Through Net Banking, check the balance in your account and keep all credentials ready with you while logging on to website for submitting application form. Candidate should Login with his/her credentials of net banking and make payment through Net Banking. Through UPI service . Through PAYTM service. Please select any Mode of Payment/Service Provider (Service/Processing charges per transaction & GST (applicable @ 18 %) to be paid by the candidate): Note: In case, the fee payment status is not ‘OK’ the candidates are advised as following: - (i) If the fee is paid through credit/debit/Net Banking/PAYTM/UPI and status is not OK, it means the transaction is cancelled. Therefore, such candidates have to pay the fee once again and ensure the OK fee status. (ii) For cancelled transactions, the amount will, automatically, be refunded by the concerned Bank to concerned credit/debit card. The candidate has to pursue with the concerned bank for refund. Helpdesk: For any transaction
  • Syndicate Bank

    Syndicate Bank

    Preliminary Placement Document Not for circulation Private and confidential Subject to completion Serial No. ___ SYNDICATE BANK Syndicate Bank (“Bank”) was originally incorporated in 1925 as Canara Industrial & Banking Syndicate Limited and renamed as Syndicate Bank Limited with effect from January 1, 1964. Subsequently, in 1969, our Bank was nationalized under The Banking Companies (Acquisition and Transfer of Undertakings) Ordinance dated July 19, 1969. For further details with respect to constitution of our Bank, please see section “General Information” on page 228 Head Office: Door No. 16/355 and 16/365A, Manipal – 576 104, Udupi, Karnataka, India. Telephone: +91 820 2571181; Fax: +91 820 2570266; Website: www.syndicatebank.in, Email: [email protected]. | Corporate Office: II Cross, Gandhi Nagar, Bengaluru 560 009, Karnataka, India. Telephone: +91 80 22267545; Fax: +91 80 2228 7580; Our Bank is issuing [●] equity shares of face value ₹10 each (the “Equity Shares”) at a price of [●] per Equity Share, including a premium of ₹ [●] per Equity Share, aggregating up to ₹ [●] million (the “Issue”) to Qualified Institutional Buyers, as defined under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended. For further details, please see “Summary of the Issue” on page 24. THE ISSUE IS IN ACCORDANCE WITH CHAPTER VIII OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009, AS AMENDED (THE “ICDR REGULATIONS”) THIS ISSUE AND THE DISTRIBUTION OF THIS PRELIMINARY PLACEMENT DOCUMENT IS BEING MADE TO QUALIFIED INSTITUTIONAL BUYERS AS DEFINED UNDER REGULATION 2(1)(zd) OF THE ICDR REGULATIONS (“QIBs”) IN RELIANCE UPON CHAPTER VIII OF THE ICDR REGULATIONS.