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Syndicate Bank is tying up with Asit C. Mehta Investment Intermediates for offering online trading. The bank will offer a three-in-one trading facility, which will include savings bank, demat and trading accounts.
Mr Anjaneya Prasad, Executive Director, Syndicate Bank will inaugurate the Synd-E-Trade Facility along with Mr Asit Mehta, Chairman, ACMIIL and Ms Deena Mehta, Managing Director, ACMIIL.
The bank already offers online tax payment, utility bill payments, shopping and mobile banking services.
Syndicate Bank recorded a net profit of Rs 666 crore for the half year ended September 30, 2011, against Rs 503 crore last year, which is a growth of 32 per cent.
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