Bilaspur is the second largest city in the Bilaspur District, situated in the Indian state of Chhattisgarh. It is believed that Bilaspur had been a colony of a few fishermens huts in the 17th century and has thus been named after a fisherwoman called "Bilasa." The city experiences hot dry summer and mild winters with medium rains during the monsoon. The city is located on the banks of the Arpa River. It is a rain-fed river that originates from the Maikal Range in central India. This region rich in dolomite and is surrounded by the coal mines of the Hasdeo valley as well as verdant green forests. It serves as the headquarters of South Eastern Coalfields Limited. The Arpa river passes through the center of the city and there are many river view areas built in the area for recreational purposes. The city is known for its unique aromatic rice variety called Doobraj rice and its intricate handloom weaved colorful soft Kosa silk saris. These drive the economy of the state along with the mining industry. Bilaspur connects tourists to a plethora of interesting tourist spots such as Amarkantak, Achanakmar Wildlife Sanctuary and Tiger Reserve, Malhar, Ratanpur and quite a few dams in the vicinity.
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.