Bidhannagar, in the Indian state of West Bengal, is popularly known as Salt Lake City. It is a planned satellite town that was developed between 1958 and 1965 in order to accommodate the growing population of Kolkata. It is a small-sized neighbor of Kolkata and is connected to the metro city via Eastern Metropolitan Bypass. The city is well planned and organized into numerous blocks. The city is also well divided into academic, commercial and residential zones. Sector 5 of Bidhannagar houses the IT sector of Kolkata where leading MNCs have set up their offices. There are several prestigious academic institutions in the area such as All India Institute of Hygiene and Public Health, Government College of Engineering and Leather Technology, Aliah University, Bidhannagar College, National Institute of Fashion Technology, Institute of Engineering and Management, West Bengal University of Technology, etc. Apart from the thriving IT industry, Bidhannagar houses several government offices, especially of the West Bengal State Education Board. The residents of the area are either employed in the IT and government sectors within the city or travel to the adjoining metro city of Kolkata for work. West Bengals only International football stadium, the Yuva Bharati Krirangan is located in this area.
the Syndicate Bank was established by Upendra Pai, T M A Pai, and Vaman Kudva. The bank was popular as Canara Industrial and Banking Syndicate Limited at the time of its establishment. The Syndicate bank was nationalized by the Government of India On 19 July 1969, along with 13 major commercial banks of India. It is based in the university town of Manipal, India. The business of the bank started with a capital of 8000 rupees. In 1925, the first office of the bank began its business at Udupi in Dakshin Kannada district, Karnataka, India. Its membership as a clearinghouse was secured at Mumbai by 1937. The main objective of the bank was to provide the financial assistance to the local weavers. Initially, through its agents, the bank collected as low as two annas from the doorsteps of the depositors daily. Pigmy Deposit Scheme is the same kind of system, wherein the agents of the bank come doorsteps to collect the deposit, and it is still prevailing in India. The Bank has its branches in the multiple states and union territories in India. Syndicate Nitte School of Banking (SNSB) is a joint venture between the Syndicate Bank and Nitte Educational International Pvt. Ltd. (NEIL). It operates one center each at Mangalore and Greater Noida.