Faridabad, the largest city in Haryana, is located very close to the Indian capital city New Delhi. It is an integral part of the National Capital Region (NCR) owing to its proximity to Delhi. Faridabad is an industrial city. The city is spread along the banks of the Yamuna. The city is a thoroughfare for the tourists visiting Vrindavan, Mathura and Agra. The economy of the city is run by a large number of small-scale and medium-scale industries. Faridabad happens to be one of the largest exporters of Henna in India. Various prominent companies have established their headquarters in Faridabad. Many IT Companies and MNCs have established their offices in the city, offering plenty of job opportunities. Large-scale companies like Yamaha Motors, Havells, Indian Oil, Larsen & Toubro, Whirlpool, etc. have their units and manufacturing plants in Faridabad. Faridabad is a massive economic hub in Haryana that generates more than 50% of the income tax for the state government. This city hosts many modern educational institutions including schools like Apeejay and DPS, as well as colleges like Institute of Management Technology and Institute of Hotel Management. There are certain tourist spots such as Badkhal lake, Surajkund, Digambar Jain Temple in and around the city.
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.