Being the third largest city in Tamil Nadu, Madurai is located on the banks of River Vaigai. It is known for its vibrant and rich cultural heritage. It is a seat of education for the Tamil language and famous for its aesthetic art and literature. Madurai has been held in high esteem by many scholars and it is referred to as the "City of Temples and Poets." The history of Madurai dates back to 3rd century BCE, with proof of its vintage through archaeological surveys. The famous Meenakshi Amman Temple in Madurai draws many devotees and tourists to the city throughout the year. Tourists from all over the country, especially its southern state, visit Madurai to explore its many temples as well as popular tourist spots like the Thirumalai Nayak Palace, Gandhi Memorial Museum, Rajaji Children?s Park, etc. The modern city of Madurai is divided into 100 wards, each of which is administered by an elected member. The city has a large farming community involved in the cultivation of crops like paddy, jasmine, rubber, etc. These drive the economy and trade in the city apart from a few modern industries such as the manufacture of tires, auto components, granite, textile and chemicals. Madurai serves as the base for a few popular two-wheeler manufacturers in India. Many software companies have recently opened their offices in the city and Madurai has been promoted to a Tier-II city. With pristine universities and colleges like the Madurai Kamaraj University, Madura College, Thiagarajar College, American College, Madurai Law College etc. the city is regarded as an academic center for the state of Tamil Nadu.
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.