1. presented by
J.Ramalingam, MBA

2. 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.

3. 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.

4. 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.

5.  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

7. Key people of syndicate bank
 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.

8. 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.

10. HR department

11.  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

12. SYNDICATE BANK RECRUITMENT SOURCES

13. FINANCIAL DEPARTMENT

14.  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.

15. 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.

16. 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.

17. Marketing department

18. 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

19. 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

20. 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

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

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

23. 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%)

24. 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%

25. 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/-

26. New product development
 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.

27. 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.

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

29. 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
Employment Training 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.

30. 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.