Dena Bank

Dena Bank
FormerlyDevkaran Nanjee Banking Company Ltd
Company typePublic
ISININE077A01010
IndustryBanking
financial services
Founded26 May 1938; 86 years ago (1938-05-26)
FounderDevkaran Nanjee
Defunct1 April 2019; 5 years ago (2019-04-01)
FateMerged with Bank of Baroda
SuccessorBank of Baroda
Headquarters(erstwhile) C-10, G Block, Bandra-Kurla Complex, Bandra (E),
Mumbai, Maharashtra
,
India
Number of locations
1,872 branches[1] (2018)
Area served
India
Services
RevenueDecrease 8,932.23 crore (US$1.1 billion)[1] (2018)
Decrease 1,171.16 crore (US$140 million)[1] (2018)
Decrease −1,923.15 crore (US$−230 million)[1] (2018)
Total assetsDecrease 120,859.79 crore (US$14 billion)[1] (2018)
Number of employees
13,613 (2018)[1]
Capital ratio11.09% (2018)[1]

Dena Bank was a government-owned bank that in 2019 merged with Bank of Baroda. It was headquartered in Mumbai and had 1,874 branches. The bank was founded in 1938 as a privately owned Bank. In 1969 the Government of India nationalized Dena Bank.

  1. ^ a b c d e f g "Financials". Dena Bank. Retrieved 15 March 2019.