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Syndicate Bank

Company nameSyndicate Bank Ltd.
Company typePublic
SloganFaithful and Friendly (English) & Viswasaneeya Hitheshi (Sanskrit)
Financial services
FoundedUdupi, 1925 (as Canara Industrial and Banking Syndicate Limited)
HeadquartersManipal, Karnataka, India
Key peopleBasant Seth
(Chairman& MD)
ProductsFinance and insurance
Consumer Banking
Corporate Banking
Investment Banking
Investment Management
Private Equity
Credit Cards
Revenue(+) 11000 Crore (2010)
Employees25,569 (2010)

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Syndicate Bank Ltd. (BSE - 532276, NSE - SYNDIBANK) is one of the oldest and major commercial banks of India. 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, was nationalized on 19 July 1969, by the Government of India.

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