Patna is the largest city in Bihar and the second largest in eastern India, right after Kolkata. It is also the capital city of the state. The city is located on the southern bank of River Ganga. This city was found in 490BC by the Magadha empire and was named Pataliputra. The city has been under the dominance of great dynasties such as the Mauryas, Guptas, Palas and Nandas, who made this city a seat of arts and education in the olden days. Being the 5th among the fastest growing cities in the country, the World Bank had ranked Patna as the second most business-friendly Indian city in 2009. It is one of the rapidly growing Indian cities with the GDP of around 7.29%, which is on the rise with each passing year. It is one of the oldest cities of India. A primarily agricultural city, Patnas economy is based on the production and export of sugarcane, sesame, grains and rice. In the last few years, Patna has undergone a sustained growth phase due to the ?Green Revolution? business, which saw the rise of the FMCG industry and excellent performance of the service sector. This city is developing at a rapid pace as many SMEs and heavy industries are expanding to offer people numerous opportunities, thus making Patna a highly convenient place for people to settle down.
Vaman Kudva, T M A Pai, Upendra Pai worked together to set up the Syndicate bank in 1925. As time passed, 20 banks joined with the Syndicate Bank Limited along with Southern India Apex Bank Limited and Maharashtra Apex Bank Limited. In 1964, the name of the bank was changed to Syndicate Bank Limited, and the corporate office was moved to Manipal. The bank extended its business not only on the national land but overseas too. It opened a branch in London and managed to incorporate Musandam Exchange Co. in Muscat and National Exchange Co. in Doha. At Hauz Khas, Delhi, it had opened its 1000th office in 1978. The bank has more than 3500 branches currently, and all offices are providing core banking-e-banking services under anywhere-anytime-anyhow banking mission. It has been conferred "Best Bank Award" by Sri Jairam Ramesh, Honble Minister for Rural Development, Government of India In the RSETI movement. The Bank had also been awarded by State forum of Bankers Club, Kerala, "Banking Excellence Award 2013" for being the second best public Bank in overall performance. During Synd LIC Saptah (2 to 7 December 2013), the Bank has been awarded for Record-Breaking Performance by marketing 15119 policies, during a week by Life Insurance Corporation of India.