Jaunpur is a town as well as a municipal board in the Jaunpur district of Uttar Pradesh. Jaunpur is located in the Purvanchal area, towards the northwest of the Varanasi district in the eastern part of the state. A greenfield airport is currently under construction in Jaunpur. Jaunpur was founded 1359 by the Sultan of Delhi Feroz Shah Tughlaq and was then known as Sheeraz-e-Hind. However, the ruler of Jaunpur soon broke off from the Delhi Sultanate and founded the Sharqi dynasty at Jaunpur and continued to rule for over a century till the Delhi Sultanate reconquered Jaunpur in 1493. It passed on to the Lodis and the Mughals and finally to the British after the Permanent settlement of 1779. Jaunpur has extremely fertile land due to the presence of five rivers namely Gomti, Sai, Varuna, Pili, and Basuhi. The Indian government initiated industrialization in 1976. The Satharia Industrial Development Authority was set up with more than 500 acres of land to promote industrial, commercial and social development. Pepsico India Pvt. Ltd and Hawkins Cooker Limited have their manufacturing units in this area. The area is dotted with great historical monuments and a few worth visiting are Shahi Quila Jaunpur Fort, Shahi Bridge, Jaunpur Atala Masjid, Jaunpur Jama Masjid, Lal Darwaza Masjid, etc.
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.