Dena Bank Management Meets Officers Federations

A meeting was held between Dena Bank Officers federations and the Bank’s Management. During the discussions Unions have given assurance to Bank Management to extend support for increasing the core business of the Bank.             

Dena Bank Chairman & Managing Director Shri Ashwani Kumar met with Officers Representative Director Shri M. L. Gupta in the presence of Shri R. K. Takkar, Executive Director, and Smt. Trishna Guha, Executive Director along with the officer bearers from Union and General Managers of Dena Bank.

Dena Bank’s Total Business as on 30.06.2015 stood at Rs. 1,86,631 cr as on 30.06.2014. Deposits have increased by 2.72 % on Y-o-Y at Rs. 1,08,597 cr. CASA deposits have increased by 8.09% on Y-o-Y at Rs. 31,098 cr with share of 28.64% of total Deposit. Advances  increased to  Rs. 78,034 cr as on 30.06.2015 showing a growth of 3.56%.            

About Dena Bank:

Dena Bank was founded on May 26, 1938 by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. It became a Public Ltd. Company in December 1939 and later the name was changed to Dena Bank Ltd. Dena Bank is amongst the first nationalised banks to enter equity market in November 1996. It offers the entire gamut of banking services including Retail Banking, Corporate Banking, International Banking, Services, Priority & SME Banking amongst others. The Bank is the first public sector bank to introduce Tele-Banking facilities for its customers at selected metropolitan centers. Dena Bank offers minor savings scheme, credit card in rural India and customer rating system for rating the bank services.