Syndicate Bank sponsored the first regional rural bank in India by name Prathama Bank, in Moradabad district Uttar Pradesh on 2 October 1975.
Presently, the bank is sponsoring 3 RRBs and all are profit making having total business of Rs.42101 crore with 1348 branches as on 31.03.2015.
- Prathama Bank
- Karnataka Vikas Grameena Bank
- Andhra Pragathi Grameena 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 is headquartered in Manipal, Karnataka, India.Syndicate Bank
Founded : 1925; 91 years ago, (as Canara Industrial and Banking Syndicate Limited)
Headquarter : Manipal, Karnataka, India
Current Head : Shri Arun Srivastava (MD & CEO)