Udaipur is popularly known as the "City of Lakes." It is a major city in the Indian state of Rajasthan, which serves as the administrative headquarters of the Udaipur district. It was founded by the Rajput ruler Maharana Udai Singh II in 1559 and was the capital of the historic kingdom of Mewar in the earlier Rajputana Agency. The British annexed it into their territory as a princely state in 1818. The region became a part of Rajasthan after independence in 1947. The scenic city is surrounded by the Aravali Range, which separates it from the Thar Desert. Udaipur is a popular tourist destination. It is known for its ancient history, culture, spectacular locations and the palaces of the Rajput-era. It has a sophisticated lake system which earned it the nickname of the "City of Lakes." There are five the major lakes in and around the city. Udaipur is extremely popular for its huge historic forts, marvelous palaces, verdurous gardens, architectural temples, ancient structures, colorful festivals, traditional fairs, historical museums and galleries. Tourism primarily fuels the economy of Udaipur. However, smaller industries such as marble processing, chemical manufacturing, minerals, electronic manufacturing and the handicraft industry are also great contributors to the citys economy. A few popular tourist destinations in and around Udaipur are the renowned Jain Temple at Ranakpur, Chittorgarh, Mount Abu, Udaisagar Lake, Haldighati, Kumbhalgarh Wildlife Sanctuary, 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.