Dena Bank is an Indian public sector bank that was established in 1938. It is based in Mumbai, India and has about 1,495 branches in the country. It was also the first public sector bank in India to introduce the phone-banking services and mobile banking service in India.

History

Dena Bank was established in 1938 as 'Devkaran Nanjee Banking Company Ltd.' by the family of Devkaran Nanjee. It was nationalized by the Indian government in 1969 and in July 1969 the bank became one of the nationalized banks in India. The bank was renamed Dena Bank Limited on 26th May, 1995. Presently, Dena Bank has 1,495 branches and 1,425 ATMs. Net worth of Dena Bank as of March 2018 was Rs. 6,202 crore.

Mission

To be a trusted and sustainable bank by providing world-class banking services for mutual benefit of customers and stakeholders.

Vision

Dena Bank strives to be a thriving, modern and customer-centric bank to create happiness for all its stakeholders.

Key Team

Choonilal Devkaran Nanjee (Founder)

Pranlal Devkaran Nanjee (Founder)

Recognition and Awards

Dena Bank has been the proud recipient of several awards like the MKK Goenka National Energy Award in the Banking and Financial Services Category in 2014 and the Urban Cooperative Banks and Thrift Institution Award in the IFSC Banking Technology category in 2017.

References

https://in.investing.com/equities/dena-bank

https://finance.yahoo.com/quote/DENABANK-EQ.NS/profile?p=DENABANK-EQ.NS

https://www.crunchbase.com/organization/denabank

www.denabank.com

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Leadership team

Choonilal Devkaran Nanjee (Founder)

Pranlal Devkaran Nanjee (Founder)

Products/ Services

Banking

Number of Employees

1,000 - 20,000

Headquarters

Bombay Bandra, Maharashtra, India

Established

1969

Traded as

NSE:DENABANK

Social Media

URL

www.denabank.com

Last updated: Tue Feb 25 2025

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Dena Bank

Table of content

Summary