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Syndicate Bank was one of the oldest major commercial banks in India. It was founded by Upendra Ananth Pai, T. M. A. Pai and Vaman Srinivas Kudva. 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 nationalised on 19 July 1969, by ...
Aug 30, 2019 · Finance Minister Nirmala Sitharaman announced the merger of Canara Bank and Syndicate Bank to form the fourth largest public-sector bank with Rs 15.2 lakh crore business. The merger will result in cost reduction, network expansion and more income opportunities for the banks.
May 24, 2019 · Syndicate Bank Synd Swayam - The official customer on-boarding application of Syndicate Bank for Android Devices. Syndicate Bank, a premier Indian Public Sector Bank, is proud to offer...
Oct 15, 2019 · The Indian government plans to consolidate 10 state-owned lenders into four bigger banks, including the merger of Canara Bank and Syndicate Bank. The merged entity will have total assets of about 10.248 trillion rupees and total net loan of about 6.332 trillion rupees.
Sep 13, 2019 · Canara Bank board has given in-principle approval to the merger with Syndicate Bank, advised by the government. The combined entity will be the fourth-largest public-sector bank with a business of Rs 15.2 lakh crore.
Aug 30, 2019 · Finance Minister Nirmala Sitharaman announced a set of bold reforms to enhance credit growth and avoid loan frauds. One of the mergers is Canara Bank and Syndicate Bank to form the fourth largest PSU lender with 10,342 branches and Rs 15.2 lakh crore business.
Mar 28, 2020 · Consequently, all branches of Syndicate Bank will function as branches of Canara Bank from April 1, 2020. Customers, including depositors of Syndicate Bank, will be treated as customers of Canara Bank with effect from April 1, 2020.
