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Syndicate Bank SWOT Analysis

Published by MBA Skool Team in Banking & Financial Services category Last Updated: September 24, 2023Read time:

Here is a detailed SWOT analysis of Syndicate Bank covering strengths, weaknesses, opportunities and threats.

Syndicate Bank Strengths

  1. Financial products for rural sector
  2.  Innovative schemes for agriculture sector
  3.  Emphasis on I. T support
  4. Has employee strength of over 25,000 employees
  5. Syndicate Bank has achieved a rare feat of opening one million customer accounts in a span of 3 months

Above are the strengths in the SWOT Analysis of Syndicate Bank. The strengths of Syndicate Bank looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.

Syndicate Bank Weaknesses

  1. Less penetration in the country
  2. Low branding and advertising as compared to other banks
  3. Lack of retail banking and low customer service as compared to bigger banks in India

These were the weaknesses in the Syndicate Bank SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.

Syndicate Bank Opportunities

  1. Small scale business banking
  2. International banking

Above we covered the opportunities in Syndicate Bank SWOT Analysis. The opportunities for any brand can include prospects of future growth.

Read more about Syndicate Bank

Syndicate Bank Threats

  1. Economic crisis
  2. Highly competitive environment
  3. Stringent Banking Norms

The threats in the SWOT Analysis of Syndicate Bank are as mentioned above. The threats for any business can be external factors which can negatively impact its business.

Hence this concludes the Syndicate Bank SWOT analysis.

Read Similar SWOT analysis

About Syndicate Bank

The table below gives the brand overview along with its target market, segmentation, positioning & USP

Syndicate Bank Overview
Parent Company

Government of India


Banking services


Banking & Financial Services

Tagline/ Slogan

Faithful Friendly


Strong commitment to social welfare

Syndicate Bank STP

Urban and Rural banking

Target Market

All age and earning groups


Complete Banking  solutions

This article has been researched & authored by the Content & Research Team which comprises of MBA students, management professionals, and industry experts. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

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