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March 28th, 2017, 08:15 AM
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Join Date: Mar 2012
Re: CSR Activities Of Syndicate Bank

Syndicate Bank is one of the oldest and major commercial banks of India. It was founded by T M A Pai, Upendra Pai and Vaman Kudva. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The bank, along with 13 major commercial banks of India,

the CSR Activities of the Syndicate bank is given below

CSR Activities of the Syndicate bank

Rural Development

Synd Small Credit"- an innovative scheme with doorstep banking facility to provide need-based credit to entrepreneurs of small means. The product part of financial inclusion, by bringing all eligible entrepreneurs into bank's fold.

"SyndShakti"-A new product launched by the Bank to extend need-based credit to artisans and self-employed persons including Carpenters, Plumbers, Auto Technicians, Packaging Technicians, etc., for purchase of power toolkits to mechanize and enhance efficiency of their operations their operations and as a result improve their income level.


Social Lending - Concern For The Underprivileged
• 28,180 new SHGs were credit linked with credit support of Rs.316 crore during 2007-08, benefiting 4.18 lac families. The Bank has so far credit linked 1,15,596 with credit exposure of Rs. 812 crore benefiting about 15.48 lac families


Syndicate Institute of Rural Enterpreneurship Development (SIRD) and RUDSETIs sponsored by the Bank, 0.91 lac constituting 36% were women candidates.


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