Indore is a rapidly developing tier 2 city which is also the commercial capital of the state of Madhya Pradesh. It is proceeding towards becoming a major cosmopolitan hub in central India. The city has set trends in the fields of art, media, commerce, trade, fashion, etc. Indore emphasizes upon finance, research, technology, education and entertainment too, thus justifying its status of being the commercial capital of the state. Indore is said to have the largest economy in central India. It serves as the business and trading capital of the state. Indore is known for its textile industry, which is the largest in India. Handloom and dyeing industries are also quite popular in this city. Indore also focuses on extracting oil using Ghani, weaving bamboo mats and baskets and manufacturing metal utensils. It also has a growing industry of embossing and engraving on gold and silver ornaments. Indore is situated on a high elevation and at the same time, it is an inland location. Hence, it experiences a mix of the humid subtropical climate and the tropical savanna climate. Even the hottest days in the city are relaxed by relatively cool and comfortable nights. This place never lacks enjoyable things ? there are shopping malls, theatres, roller-coaster rides, go-karting tracks, magic shows, circuses - Indore has it all! It has many places of historical and religious importance for visitors to explore.
the Prathama Bank is the first regional rural bank in India, sponsored by the Syndicate Bank in Moradabad district Uttar Pradesh on 2 October 1975. Its stocks of Syndicate Bank are listed on Bombay Stock Exchange, National Stock Exchange, and Bangalore Stock Exchange. The Bank did a partnership with UNEP for initiating successful solar loan program. The solar loan program was launched in April 2003 to promote financing of solar home systems in southern India. The 3 RRBs are sponsored by the Syndicate bank presently, and all are making a profit by generating the total business of Rs.42101 crore with 1348 branches as on 31st March 2015. The Syndicate Bank has repositioned its Logo by changing the color combinations, as a part of the brand building exercise. The combinations of Orange, Yellow, Black & White colors make the logo unique. The primary objective of logo repositioning is to provide a more clear understanding of what the organization stands for, earn loyalty from its customers, establishing a brand identity, and also to give the logo a more contemporary look in a continuously changing & dynamic business environment. The bank is hiring approximately 3000 young officers for replacing the officers getting retired. On November 7, 2017, Syndicate Bank created a human chain to spread awareness among the public for fighting with corruption. 14196 financial literacy programmes were organized to promote financial literacy in the villages, during the year 2015, in which 5.74 lakh persons were benefitted. Under PMJDY, the Bank has opened 3496559 number of accounts with a balance of Rs. 505 crore as on 31st March 2015.