Date:07/07/2007 URL: http://www.thehindubusinessline.com/2007/07/07/stories/2007070751830600.htm

Back Syndicate Bank to sell gold coins

Bangalore, July 6

Syndicate Bank today announced the launch of sale of gold coins under the brand name “Syndsona” through its 104 select branches spread across eight States. The coins in denominations of 4 gm, 8 gm and 10 gm in tamper proof card with 999.9 purity certificate will be sold through its designated branches. The bank has imported the gold coins from Switzerland and a tie-up arrangement should enable the bank to offer very competitive rates to its customers, a bank re lease said. The bank had tied up with the existing clients and corporates for the sale of gold coins and has sold 50 kg of gold on the first day itself. —

Our Bureau