TheScreener - Syndicate Bank Ltd. (SYNDIBANK) An unfavourable environment weighs on SYNDICATE BANK LTD., which sees a downgrade to Negative

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EUR 13.73 For Business Accounts Only

An unfavourable environment weighs on SYNDICATE BANK LTD., which sees a downgrade to Negative

The independent financial analyst theScreener just requalified the general evaluation of SYNDICATE BANK LTD. (IN), active in the Money Center Banks industry. As regards its fundamental valuation, the title still shows 0 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Negative. As of the analysis date February 1, 2019, the closing price was INR 37.30 and its target price was estimated at INR 28.35.

02/02/2019 6 EN

Underlying

Syndicate Bank Ltd.

Syndicate Bank. Syndicate Bank is an India-based bank, which provides a range of banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Banking and Other Banking Operations. The Bank offers deposits, including current and term deposits; loans, including retail loans, agricultural loans and priority sector loan, small and medium enterprises (SME) loan and corporate finance. Its operative deposit products include Savings Bank Account and SyndSamanya Savings Bank Account. The Bank offers services, such as cash management services (CMS), real time gross settlement (RTGS), national electronic funds transfer (NEFT) for electronic fund transfer and speed clearing. Its delivery channels include automated teller machines (ATMs), Internet banking, mobile banking and short message service (SMS) banking. It operates over 3,700 branches. Its domestic branch network consists of over 1,230 rural, approximately 1,030 semi-urban, over 820 urban and approximately 680 metro branches.

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INE667A01018 India

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An unfavourable environment weighs on SYNDICATE BANK LTD., which sees a downgrade to Negative

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An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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