Dena Bank

Coordinates: 22°01′59″N 74°53′48″E / 22.033°N 74.8968°E / 22.033; 74.8968

dena bank

Type	Public
Traded as	BSE: 532121 NSE: DENABANK
Industry	Financial Commercial banks
Founded	1938
Headquarters	Mumbai, India
Key people	Shri Ashwani Kumar[1] (Chairman and Managing Director) Shri A.K.Dutt (Executive Director)
Revenue	55673.7 million (US$890 million) (2010–11)[2]
Net income	6116.3 million (US$98 million) (2009–10)
Website	http://www.denabank.com

Dena Bank (Hindi: देना बैंक; founded 26 May 1938) is one of the earliest banks in India, headquartered in Mumbai.^[3] Dena Bank was founded o­n 26 May 1938, by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. It is one of the nationalised banks of India.

It became a Public Limited Company in December 1939 and later the name was changed to Dena Bank Ltd. It has a network of over 1400 branches.

The logo of Dena Bank depicts Goddess Lakshmi, the Goddess of Wealth, according to Hindu mythology. The 'D' in the logo reflects the dynamism, dedication and the drive towards customer satisfaction.

History

Dena Bank was founded by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. It found its new name, Dena Bank Ltd. (Devkaran Nanjee) when it was incorporated as a Public Company in December 1939. The bank was nationalised (and therefore dropped "Limited" from its name) in 1969 along with 13 other banks in India.

Dena Bank features:

• Minor savings scheme.
• Credit card in rural India known as "Dena Krishi Sakh Patra"
• Drive-in ATM counter at Juhu, Mumbai.
• Smart card at selected branches in Mumbai.
• Customer rating system for rating the bank's services.

The bank's head office is in Mumbai, with a network of 1291 branches (as at March 2011) across the country. The bank has a network of 496 ATMs across India, of which 105 ATMs are off site(as at March 2011). Dena Bank introduced core banking on March 2007 at its Mahim branch in Mumbai. 850 branches out of the 1122 branches including extension counters of the bank are scheduled for coverage.

Milestones

• One among six public sector banks selected by the World Bank for sanctioning a loan of Rs.723 million for augmentation of Tier-II Capital under Financial Sector Developmental project in 1995.
• One among the few banks to receive the World Bank loan for technological upgradation and training.
• Launched a bond issue of Rs.921.3 million in November 1996.
• Maiden public issue of Rs.1.80 billion in November 1996.
• Introduced telebanking facility at metropolitan centres.

See also

• Indian banking
• List of banks in India

References

External links

• Dena Bank IFSC Code SWIFT MICR No BSR Codes of all Branches
• Dena Bank

v t e Banking in India Reserve bank Reserve Bank of India Public sector banks Allahabad Bank Andhra Bank Bank of Baroda Bank of India Bank of Maharashtra Bhartiya Mahila Bank Canara Bank Central Bank of India Corporation Bank Dena Bank IDBI Bank Indian Bank Indian Overseas Bank Oriental Bank of Commerce Punjab & Sind Bank Punjab National Bank State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of India State Bank of Mysore State Bank of Patiala State Bank of Travancore Syndicate Bank UCO Bank Union Bank of India United Bank of India Vijaya Bank Private sector banks Axis Bank Catholic Syrian Bank City Union Bank Development Credit Bank Dhanlaxmi Bank Federal Bank HDFC Bank ICICI Bank IndusInd Bank ING Vysya Bank Jammu & Kashmir Bank Karnataka Bank Karur Vysya Bank Kotak Mahindra Bank Lakshmi Vilas Bank Nainital Bank South Indian Bank Tamilnad Mercantile Bank Limited Yes Bank Cooperative banks Cosmos Bank Saraswat Bank Shamrao Vithal Co-op. Bank Pune Peoples Cooperative Bank Anyonya Co-operative Bank Mahila SEWA Cooperative Bank Mahesh Co-operative Bank Foreign banks ABN AMRO Abu Dhabi Commercial Bank Antwerp Diamond Bank Australia and New Zealand Banking Group Bank Internasional Indonesia Bank of America Bank of Bahrain and Kuwait Bank of Ceylon The Bank of Tokyo-Mitsubishi UFJ Barclays Citibank India Credit Suisse Deutsche Bank HSBC The Royal Bank of Scotland Scotiabank Standard Chartered Regional Rural Banks Andhra Pragathi Grameena Bank Kerala Gramin Bank Bangiya Gramin Vikash Bank Gramin Bank of Aryavart North Malabar Gramin Bank Paschim Banga Gramin Bank Sarva UP Gramin Bank South Malabar Gramin Bank Uttar Bihar Gramin Bank Vananchal Gramin Bank List of regional rural banks in Uttar Pradesh Interbank networks BANCS Cashnet CashTree Cirrus IMPS MITR NFS PLUS RuPay Defunct banks Alliance Bank of Simla Arbuthnot & Co Bank of Bombay Bank of Calcutta Bank of Chettinad Bank of Madras Bank of Madura Bank of Rajasthan Bengal Central Bank Bharat Overseas Bank Centurion Bank of Punjab Chartered Bank of India, Australia and China Commercial Bank of India Dass Bank Grindlays Bank Imperial Bank of India Lord Krishna Bank Mercantile Bank of India, London and China Nath Bank Oriental Bank Corporation Palai Central Bank State Bank of Indore State Bank of Saurashtra Related topics Banking Codes and Standards Board of India ATM usage fees in India De-Materialisation (DEMAT) Foreign Exchange (FOREX) Indian Financial System Code (IFSC) List of banks in India National Electronic Fund Transfer (NEFT) National Payments Corporation of India Real Time Gross Settlement (RTGS) Structured Financial Messaging System (SFMS) Prepaid Payment Instruments in India