#1
3rd March 2016, 01:50 PM
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RRB Sponsored by Syndicate Bank
Hello, I want to know the details of the regional rural banks that are sponsored by the Syndicate Bank. Please provide me.
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#2
3rd March 2016, 02:13 PM
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Re: RRB Sponsored by Syndicate Bank
Hello, here I am providing you the details of the regional rural banks that are sponsored by the Syndicate Bank as under: RRB Sponsored by Syndicate Bank Syndicate Bank sponsored the first regional rural bank in India by name Prathama Bank, in Moradabad district Uttar Pradesh on 2 October 1975. The stocks of the Syndicate Bank are listed on Bombay Stock Exchange, National Stock Exchange, Mangalore Stock Exchange and Bangalore Stock Exchange. Syndicate Bank made a partnership with UNEP to initiate a successful solar loan programme. It is a four-year $75855.6 million effort, launched in April 2003 to help accelerate the market for financing solar home systems in southern India. 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 Key people Shri Arun Shrivastava (Managing Director and CEO) Shri T K Srivastava (Executive Director) Shri Ravi Shanker Pandey (Executive Director) Products Finance and insurance Consumer Banking Corporate Banking Investment Banking Investment Management Private Equity Mortgages Credit Cards Mergers As time progressed, twenty banks merged with the Canara Industrial and Banking Syndicate Limited including the Maharashtra Apex Bank Limited and Southern India Apex Bank Limited. The name of the bank was changed to Syndicate Bank Limited in 1964 and the head office of the bank was shifted to Manipal. |
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