The Syndicate Bank has reported a net profit of about Rs. 435 in the third quarter of FY 2019-20. This rise of profit has been more than 300% as compared to the same period of the last FY. Increase of operating profit by 111% compared to the same period of the last year has been one of the reasons for the bigger net profit amount. The growth of Net Interest Margin (NIM) has been increased by 16%. The overall cost to income ratio has also been improved. But the bank has to consider growth of CASA in a bigger way in the coming days as it has grown by over 8%. The net NPA has declined to 5.9% from 6.75% of the last fiscal. The total business of the banks has also increased by 7% to reach Rs. 5,00,971 crore.