Syndicate Bank Riyadh

Hello sir, I am Anil Kumar. I am from Riyadh. I want you to help me by giving me some information about the Syndicate bank. Can you give me various details about it?

[Pathak]

Syndicate Bank is a type of public sector bank of India.
It was formed in the year 1925.

It’s headquarter is located in Manipal, Karnataka, India.
Finance and insurance
Consumer Banking
Corporate Banking
Investment Banking
Investment Management
Private Equity
Mortgages

Credit Cards
The bank, along with 13 major commercial banks of India, was nationalised on 19 July 1969, by the Government of India.
The primary objective of the business was to extend the financial assistance to local weavers. Initially, the bank collected as low as two annas from the door steps of the depositors daily through its agents.
This type of system wherein the agents of the bank come doorsteps to collect deposit is still prevailing in India and is referred to as the Pigmy Deposit Scheme

Bank has opened 303 branches during the year and reached a mile stone of 3552 branches as of 31 March 2015 (including a branch in London): 1150 Rural, 936 Semi Urban, 783 Urban and 682 Metro Branches.

Bank has presence in all the States and Union Territories of the country.
Global_Business 461192 crore (US$68 billion) (31 March 2015)
Total Deposits 255388 crore (US$38 billion) (31 March 2015)
Total Advances 205804 crore (US$30 billion) (31 March 2015)
Total Investments 6933966 lakh (US$10 billion) (31 March 2015)