Syndicate Bank is one of the most established and real business banks of India. It was established by T M A Pai, Upendra Pai and Vaman Kudva. At the season of its foundation, the bank was known as Canara Industrial and Banking Syndicate Limited. The bank, alongside 13 noteworthy business banks of India, was nationalized on 19 July 1969, by the Government of India. The Bank is headquartered in Manipal, Karnataka, India.

The Bank was nationalized under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970s.

Syndicate Bank was the principal Bank to support a Regional Bank, Prathama Bank at Moradabad.

The Bank has supported 10 Regional Rural Banks everywhere throughout the nation and a recognizing highlight is that all the 10 RRBs have accomplished impressive development and Profits.

The Company presented Asset Classification, Income Recognition and Provisioning standards by RBI influenced all the Public Sector Banks and Syndicate Bank was no exemption.

The Bank has blended eight branches - 3 in Mumbai, 2 in Bangalore

also, one each in Calcutta, Ahmedabad and Udupi focuses. On the other

hand, the Bank additionally has opened 8 new branches amid the year.

The Bank has opened two Specialized Industrial Finance Branches one at Mumbai and another at Bangalore to take into account the necessities of the corporate customers.

Syndicate Bank has propelled an exceptional celebration crusade to offer auto, home advances at concessional rates and postponed off the preparing charge on such exchanges.

Subsidize house Franklin Templeton Investments (India) has teamed up with Syndicate Bank.

Syndicate Bank has opened 108 new branches crosswise over 15 states and Andaman and Nicobar Islands at the same time through the electronic course.

Syndicate Bank has suggested a Dividend of Rs. 6.70 for every share (67%).

Syndicate Bank has suggested a Final Dividend of Rs. 3.00 for every share (30%).

Syndicate Bank dispatches term store plot offering 9.25-9.75%.

Syndicate Bank has raised Rs 400 crore through issuing basel III agreeable level II bonds.