Professional Documents
Culture Documents
1969
- The Bank was brought into existence by an Ordinance issued on 9th July, by
1970
- The Bank Companies Act, 1969, was declared null and void by the Supreme Court on the 10th
February and was made effective retrospectively from 19th July, 1969.
- Under the `Lead Bank' scheme the Bank was allotted 9 districts of which 6 were
in Gujarat, 2 in M.P. and one in the Union Territories of Dadra and Nagar Haveli.
1971
- Branches were opened in most of the lead districts. Bank took up second stage of the lead bank
scheme. District level consultative committees were set up in all the districts.
1978
- The Bank had set up its first regional rural bank in the Kutch district of
- Rs 6.00 crores Equity issued through prospectus to the public at a prem. of Rs 20 per share.
- Dena Bank one of the premier public sector banks, has introduced Dena
Smart Card, to facilitate anywhere banking. Dena Bank is the first bank to launch this unique
customer friendly product. It is for the first time in India that a Bank is using Smart Card for
storing account details.
- The new card will be known as Dena Credit Card against Can Card, presently offered by
the bank.
the Bank.
- Dena Bank plans to become a depository participant with National Securities Depositories Ltd
(NSDL). The bank has also signed an agreement with NSDL for dematerialising
its scrips.
- Dena Bank has computerised 250 branches till date out of 1,150 branches and has obtained
World Bank assistance to the tune of Rs.63 crores. The bank has set up 11 ATMs
throughout the country and 20 more are expected to be installed during the year.
- The bank has proposed to increase its average staff productivity to Rs 80 lakh
per employee from Rs 70 lakh. A major leap up will be taken in the field of modernisation, as 50
more branches will be fully computerised during the current year which will make the figure of
95 fully computerised branches.
- Dena Bank has tied up with Visa Card International for providing independent
credit card facility to its customers. Consequently, the bank had decided to call
- Dena Bank is the second bank after Union Bank of India to break agreement with Canara Bank
- Dena Bank started ATMs at five of its branches that are hooked to Iwadhan, a shared payment
network system in the metropolis spearheaded by Indian Banks' Association
2004
-Dena Bank has informed that the Central Government has appointed Shri P Vijaya Bhaskar,
Board of Directors of Dena Bank with effect from January 09, 2004 and until
further orders, in place of Smt. Grace Koshie, Chief General Manager-in-charge, Exchange
Control Department, Reserve Bank of India, Mumbai.
-Dr. Anil K. Khandelwal has taken over as the Chairman and Managing Director of Dena Bank
Ltd
-Dena Bank signs MoU with International Tractors Ltd for Financing Tractors
-Dena Bank has been adjudged the best commercial bank in Gujarat under
Nabard's Self Help Group - Bank Linkage Programme
-Dena Bank has signed an MoU with Oriental Insurance Company to distribute
the latter's non-life policies
Gujarat Tractor Ltd (MGTL), a subsidiary of Mahindra & Mahindra (M&M) Ltd,
Logo
The logo of Dena Bank represents Lakshmi, the Goddess of wealth, according to Hindu
mythology.
It was the desire of the founding fathers of the Bank that the Bank should be a symbol of
prosperity for all its clients, and the logo represents this promise.
The contemporary 'D' in the logo reflects the dynamism, dedication and the drive towards
customer satisfaction
Respectability Factor
Dena Bank has been providing Core Banking Solutions since 1969. It has gained public trust and
faith. Unlike other nationalized banks it has simple procedures for the public to acquire loans. It
has been a role model in this aspect. It has maintained steady growth since established.
Address:
Building No.2, 1st Floor. 17, Horniman Circle, Fort
Mumbai - 400023
Maharashtra - India
Phone : 22692175 (R.M), 22692176 (D.R.M)
Fax : 22692176