This document provides information about Syndicate Bank, an Indian government-owned bank. It discusses the history, leadership, products/services, financial performance, branch network, and awards of the bank. Some key points: - Syndicate Bank was established in 1925 in Udupi, Karnataka and was nationalized by the Indian government in 1967. - As of 2013, it had over 25,000 employees and 2,934 branches across India and 1 in London. - Major products include savings/current accounts, term deposits, loans for housing, vehicles, education, and more. - In 2013, total income was Rs. 1,829.50 billion and net profit was Rs. 200.44

1. MALINENI LAKSHMAIAH
WOMEN’S ENGINEERING
COLLEGE
Affiliated by jntuk

2. presented by SASIREKHA

3. MEANING OF BANK
 Finance is the life blood of trade,
commerce and industry.
 Now-a-days, banking sector acts as the
backbone of modern business.
 Development of any country mainly
depends upon the banking system.
 The term bank is either derived from old
Italian word banca or from a French
word banque both mean
a Bench or money exchange table.

4. DEFINITION OF BANK
 Oxford Dictionary defines a bank as "an
establishment for custody of money, which it pays out
on customer's order.“
IMPORTANCE OF BANK
 Banks are important because they are intermediaries.
 They allow people who can use extra money and want
to borrow to find people with extra money to lend.
 The also provide transaction services allowing
payments to be made by check or wire.

5. HISTORY OF SYNDICATE BANK
 Syndicate Bank was established in 1925
in Udupi, Karnataka with a capital of
Rs.8000/-
 It was established by three visionaries Sri
Upendra Ananth Pai, a businessman, Sri
Vaman Kudva, an engineer and Dr.T M A
Pai, a physician with an intention to
provide financial support to the local
weavers.

6.  Their objective was primarily to extend
financial assistance to the local weavers.
 The bank collected as low as 2 annas daily
 Pigmy Deposit Scheme started in 1928.
 This scheme is the Bank's brand equity today
and the Bank collects around Rs. 2 crore per
day under the scheme.
• Type : government owned corporation
• Syndicate Bank was nationalized by
Government of India in 1967
• Trade: BSE -532276
NSE- SYNDIBANK industry banking

8.  Shri Sudhir Kumar Jain has assumed
charge as Chairman & Managing Director
of Syndicate Bank on July 8, 2013.
Sri M Anjaneya Prasad has been
appointed as Executive Director of
Syndicate Bank from 24.08.2011
Shri T K Srivastava has assumed charge as
Executive Director of Syndicate Bank on 1st
September 2013.
Key people of syndicate bank

9. Shri H Pradeep Rao has been
appointed as Government Nominee
Director on the Board of our Bank
by the Government of India w.e.f.
10/05/2010 until further orders.
Sri M Rajeshwar Rao, Chief
General Manager from RBI has
been appointed as a Director of the
Bank w.e.f. 31st May 2013.

11. HR department

12.  Employees : 25,569
 During the financial year 2013-14, Bank
is planning to recruit 1500 officers and
1400 clerks to strengthen the human
resources and to facilitate customer
service / marketing efforts.
 Shift timings 9am to 5pm

13. SYNDICATE BANK RECRUITMENT SOURCES

14. FINANCIAL DEPARTMENT

15.  Capital & Reserves:
Bank’s authorized share
capital stood at `3000crore and the paid-
up capital `601.95 crore (601949955
equity shares of `10 each) during the
financial year ended at 31.03.2013.The
Reserves and Surplus of the Bank
increased from `8439.20 crore in 2011-12
to `9939.39 crore in 2012-13 registering a
y-o-y growth of 17.78 perent over the
previous year.

16. Net worth:
Tangible Net Worth of the Bank
(excluding revaluation reserves) improved
significantly from `7994 crore as at March 31,
2012 to `9296 crore as at March 31, 2013.
Business Growth:
The global business of the Bank
grew by 18.06 per cent from `283558 crore
in 2011-12 to `334779 crore in 2012-13,
whereas, Bank’s domestic business rose by
12.63 per cent from `258660 crore in 2011-
12 to `291337 crorein 2012-13.

17. Total Income - Rs. 182950.451 Million
( year ending Mar 2013)
Net Profit - Rs. 20044.218 Million
( year ending Mar 2013)
Credit card revenue : 3524 billion
Book value per share improved to
`175.12 as at March 31, 2013 as against
`150.13 as at March 31, 2012.
The Earning per share (EPS) of the Bank
improved from22.89 as at March 31, 2012
to `33.30 as at March31, 2013.

18. Marketing department

19. Products & services of syndicate
bank
 1) ASBA:Syndicate Bank introduced a new
hassle free solution for investment in
Public Issues and Rights Issue called
Application Supported by Blocked
Amount (Synd ASBA) as per the SEBI
guidelines.
 This facility is also available for rights
issue and new fund offers (NFO) of
mutual funds.
 2) Deposits

20. Operative Deposit Products
 Savings Bank Account
 Current Account
 SyndSamanya Savings Bank Account
Special products in Syndicat-ebanking
 Premium Savings Account
 Multi-City Current Account (3 variants)
 Multi-City SB Account

21. Term Deposit Products
 Fixed Deposit
 SyndTaxShield Deposit
 Vikas Cash Certificate
 Syndicate Suvidha Deposit
 Social Security Deposit
 Senior Citizens Security Deposit
 Recurring Deposit
 Pigmy 1928 Deposit
 Pigmy Plus 2007 Deposit
 Synd Corporate Suvidha Deposit Scheme

22. 3) Loans:
 Retail Loan Products:
 SyndSaral
 SyndSenior
 SyndRent
 SyndVahan
 SyndSwarnaExpress
 SyndPigmy
 SyndNivas
 SyndNivas Plus
 SyndVidya
 SolarWater Heating Systems

23. 4) Other priority loans:
Solar water heating system
Scheme for Financing Rural Tourism
Synd Solar Jyothi Scheme
5)Bancassurance:
Life insurance
Non- life insurance

24. Rate of interest on loans
Amount and tenor Rate of inetrest
Irrespective of quantum of Loan
Up to 30 years Base Rate (presently 10.25%)

25. Housing loans:
Loan amount Revised processing and documentation
charges
Up to Rs 25.00 lakh 0.25% of limit with Min Rs 2500
Above 25 lakh to Rs 75.00 lakh 0.25% of limit with Max Rs 6500
Above Rs 75.00 lakh Rs 10,000(Flat)
Personal loans:
Senior citizen loan scheme BR + 3.75% Up to Rs 50,000-Nill>
50,000-Flat Rs 200 per loan
Personal loan scheme BR + 4.75% 0.50% of loan amount with
a minimum of Rs 500/-
Educational Loans:
Up to Rs lacs Above Rs 4.00 lacs Charges - NIL
BR + 2.25% BR + 2.75%

26. Vechicle Loan:
Processing charges
Two-wheeler Up to Rs 25,000 Rs 100
Above Rs 25,000 up to Rs 2.00
lakhs
Rs 2.50 per 1000 (or) part
thereof-Min Rs 250/-
Above Rs 2.00 lakhs Rs 400 per lakh
Four-wheeler Above Rs 25,000 up to Rs 2.00
lakhs
Rs 2.50 per 1000 (or) part
thereof-Min Rs 250/-
Above Rs 2.00 lakhs Rs 400 per lakh
Documentation charges
Vehicle loan Up to Rs 2.00 lakhs NIL
Above Rs 2.00 lakhs Rs 200 per lakh – Max Rs
2500/-

27.  Bank has launched a unique and attractive new product
under its brand name ‘SyndNavaratna’ which provides
savings bank account with multiple benefits to customersviz.
 zero balance facility, cheque book facility at all branches at
par, funds transfer facility through RTGS/NEFTup to `1.00
lakh,
 internet and mobile banking facilities,
 free instant global debit card,
 SMS banking facility, etc.
 Your Bank is committed and focused towards providing
excellent Customer Service by state-of-the-art technology.
New product development

28. Branch Network
 Bank has opened 215 branches during the
year 2012-13
 Total number of branches to 2934
including a branch in London, UK.
 The domestic branch network consisted
of 903 rural branches, 788 semi-urban
branches, 629 urban branches, 567 metro
branches and 46 port town branches.

29.  Bank has 1306 ATMs as on 31.03.2013.
spread across 729 Centres throughout
the country.
 Bank has Global Debit-cum-ATM cards
throughVISA and Master Card Payment
Gateways with a Card-base of over 55.55
Lakhs.

30. Award & Recognitions
 Bank has received good number of awards during
the year and some of these are as follows:
a) Our Manipal and Kumta RSETIs(Rural Self
EmploymentTraining Institutes) have been
adjudged as the Country’s Best and Second Best
RSETIs as on 31.03.2012. Hon'ble Minister for
Rural Development, Govt of India, Shri Jairam
Ramesh presented the awards during the first
National Meet of RSETI stake holders held at
Vigyan Bhavan, New Delhi on 28.07.2012.

31. b) The Bank has been conferred “Best Banker”
award by Sunday Standard amongst large
category banks based on field level survey of
implementation of financial inclusion.
c) Gold Award has been conferred on our
Bank at SKOCH Foundation’s Digital
Inclusion Awards 2012, for Business
Continuity Plan (BCP) and IT Disaster
Recovery (DR) Project.
d) The Bank was also awarded ‘Certificate of
Merit’ and trophy for the meritorious
performance under Financial Inclusion during
2012 by M/s Skoch Group at New Delhi on
05.01.2013.