Syndicate Bank was established in 1925 in Udupi. Earlier it was known as Canara Industrial and Banking Syndicate Limited. The bank was nationalized in 1969. Today, the Bank has a network of 1801 branches spread all over India. Syndicate Bank has won many awards over the years for its excellent performance. In 1999, the Bank won FICCI AWARD for institutional initiative in the field of "Rural Development" and in 2003, the Bank was awarded Banking Technology Award awarded by IDRBT, Hyderabad.
The bank has a positive, harmonious and productive work environment which emphasizes integrity and transparency in its methods of working.