Syndicate Bank has launched 5 products keeping in mind the needs of micro, small and medium enterprises (MSME).These products will cater the credit needs of these industries. The products are-
These products would be tailor made schemes, to meet the credit requirements of transport operators,weavers,cashew industry etc.
On the commemoration of its 88th foundation day, the bank has also opened 88 branches in different states of the country taking the total number of its branches to 3,135.
The business of Syndicate Bank has touched Rs.3.46-lakh crore at the end of the second quarter of this fiscal(2013-14).Sudhir Kumar Jain is the current Chairman and Managing Director of the Syndicate Bank.