Date:22/10/2004 URL: http://www.thehindubusinessline.com/2004/10/22/stories/2004102202210800.htm

Back Syndicate Bank launches new products

Our Bureau

Manipal , Oct. 21

SYNDICATE Bank has launched new products — SyndKissan Samruddhi Card and SyndMahila Card.

Launching them on the occasion of the Founders' Day at Manipal, the Executive Director of the bank, Mr Kamalakar M. Shet, said SyndKissan Samruddhi Card is aimed at small and marginal farmers and will ensure to alienate them from accessing costlier credit from informal credit system.

The facility, which is valid for five years, gives farmers adequate time and flexibility to increase investment and, thereby, enables capital formation in agriculture.

SyndMahila Card is designed for women customers, including housewives.