The scenic city of Imphal is the capital of the Indian state of Manipur. The ruins of the ancient Palace of Kangla, which is surrounded by a moat, is located in the center of this city. It used to be the royal seat of Kingdom of Manipur. The city is known for its several prestigious educational institutions such as IIIT Manipur, Manipur Institute of Technology, NIT Manipur, Manipur Technical University, Jawaharlal Nehru Institute of Medical Science, Manipur Central University, Central Agricultural University, National Sports University, Manipur University of Culture, etc. There are several branches of Don Bosco, DAV Public School, Kendriya Vidyalaya and Jawahar Navodaya Schools in and around the city that makes Imphal an educational hub. Imphal serves as an important location for tourism in Manipur - the Kangla Fort on the banks of the Imphal River has many temples inside and is surrounded by a beautiful lake. The Hiyangthang Lairembi Temple Complex, Imphal War Cemetery, India Peace Memorial on Red Hill, Ima Keithel Womens Market are few of the places in the city that are worth visiting. The economy of Imphal is primarily agrarian. The soil and the climatic conditions support the cultivation of various grains, oilseeds, fruits and vegetables. The handloom and handicraft industry is the largest cottage industry in the city and excels in weaving as well as cane and bamboo crafts. Tourism also fuels the citys economy.
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.