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Syndicate bank: Was a public sector bank
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Syndicate Bank was a public sector bank founded in 1925 in Manipal, India. It was nationalised in 1969 and merged with Canara Bank in 2020. Learn about its origins, products, branches, and achievements. Company History - Syndicate Bank [Merger] 1925 - The Bank was founded at the temple town of Udupi on October 20, as Canara Industrial and Banking Syndicate Limited. 1928 - The Bank introduced an innovative savings scheme, Pigmy Deposits, to mobilise small savings and the Bank has come to be known as the `Small Man's Big Bank '. 1964 - The Bank was renamed as " Syndicate Bank Limited and shifted its Head Office to Manipal. 1969 - The Bank was nationalised under the Banking Companies ... Syndicate Bank - Co Mumbai is located at Maharashtra state, Mumbai district, Mumbai city and the bank branch's address is [G Block, Canara Bank, Circle Office, Bkc Mumbai]. It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI).
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