Panihati is a developing city in the North 24 Parganas district of the Indian state of West Bengal. It is a part of Kolkata Urban Agglomeration with more than 3 lakh residents. Panihati municipality is a part of the Kolkata Metropolitan Area Development Area or KMDA. There are prestigious educational institutions such as the St. Xaviers Institution, the Narula Institute of Technology, Guru Nanak Institute of Technology, etc. in the vicinity of the city. The small city is well connected via railways with two important railway stations - Agarpara and Sodepur in the vicinity. The place is known for hosting many industries. The Bengal Chemicals and Pharmaceuticals at Panihati is a leading manufacturer of medicines. The Bengal Waterproof Works Private Ltd. is popular for their brand Duckback. The Texmaco Rail and Engineering Ltd. has five manufacturing units in and around Panihati. The residents are either employed in these industries or they travel to the various service sectors of the KMDA region for work.
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.