Syndicate Bank a Premier Public Sector Bank of India was established in 1925 with its headquarters situated at Manipal in Karnataka. It is one of the oldest and major commercial banks of India. The bank was nationalized in 1969, along with 13 major commercial banks , by the Government of India. The main objective was to extend financial assistance to the local weavers who were crippled by a crisis in the handloom industry.After nationalization, the pace of growth of the Bank accelerated and it made all-round progress. The Bank has an excellent track record in all the key parameters of banking and stands tall among the Public Sector Banks in the country. Spanning over 80 years of pioneering expertise, the Bank has created for itself a solid customer base comprising customers of two or three generations. The bank is well equipped to meet the challenges of 21st century in all respects viz,..information technology , knowledge and competition. The bank has launched various training programmes to upgrade the knowledge and skills of its employees.
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