Corporation Bank Vs Syndicate Bank

I want to choose one of the bank either Corporation Bank or Syndicate Bank. Please tell what are the key differences between Corporation Bank and Syndicate Bank which help me to choose one of these ?

[Shaleen]

As you want I am here telling you about key differences between Corporation Bank and Syndicate Bank which help me to choose one of these.

Corporation Bank :
Corporation Bank is one of the better managed PSU banks .

Braches :
1,764

ATM’s:
2,568

Key Statistics

Number of Employeees: 14,819

Capital and Reserve & Surplus: 95,657

Deposits: 1,660,055

Investments: 581,645

Advances: 1,187,166

Interest Income: 153,341

Other Income: 16,079

Interest Expended: 119,082

Operating Expenses: 19,968

Cost of Funds: 6.9

Return on Advances Adjusted to CoF: 0.88

Wages as % of Total Expenses: 7.1%

Capital to Risk Assets Ratio(CRAR): 12.3

Net NPA Ratio: 1.2

Syndicate Bank
Syndicate Bank is a mid-sized public sector bank with its headquarters at Manipal in Karnataka.

Braches :
3,117

ATM’s:
2,401

Key Financial Statistics

Number of Employeees: 26,606

Capital and Reserve & Surplus: 105,413

Deposits: 1,853,559

Investments: 456,477

Advances: 1,475,690

Interest Income: 171,207

Other Income: 11,744

Interest Expended: 116,666

Operating Expenses: 31,788

Cost of Funds: 5.9

Return on Advances Adjusted to CoF: 1.07

Wages as % of Total Expenses: 14.7%

Capital to Risk Assets Ratio(CRAR): 12.6

Net NPA Ratio: 0.8