Dena Bank

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Dena Bank

  • First bank to introduce minor savings account
  • More than seven decades of experience in the banking industry
  • Possesses over 1,400 branches
  • First bank to introduce credit card in rural India

Dena Bank was founded in 1938 by Mr Devakaran Nanjee under the name Devakaran Nanjee Banking Company. Later the name was changed to Dena Bank. The bank is headquartered in Mumbai, India and was nationalised by the Government of India in 1969 along with 13 other major banks. The bank has over 1,400 branches.


Dena Bank: Banking with Dynamism and Dedication

2004 Receives Social Banking Award from Nabard
1995 Gets selected by World Bank for a loan worth Rs 72.3 crore (US$ 11.77 million)
1969 Gets nationalised by the Government of India
1938 Commences operations

Updated: October, 2014

Total banking assets in India is expected to cross US$ 28.5 trillion in FY25.
x IBEF : India Brand Equity Foundation