Public sector lender, Syndicate Bank has posted 33.8% rise in its net profits for Q2 of this fiscal. The net profit of the bank now stands at Rs 237 crore.

The net profit of the bank for the same period last year was Rs 177.8 crore.

There has also been a 5.3% rise in the total income of the bank for this quarter amounting to Rs 2,972.5 crore as compared to Rs2,820.6 crore last year for the same quarter.

The Q1 results in terms of net profits for this fiscal also saw a 14.3% rise to Rs 502.4 crore.