|Traded as||BSE: 532121
|Industry||Banking, Financial Services|
|Founded||26 May 1938|
Ashwani Kumar (Chairman and Managing Director)
|Products||consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management, Credit cards,|
|Revenue||₹10,645.73 crore (US$1.7 billion)|
|₹925.30 crore (US$140 million) (2016)|
|₹-935.32 crore (US$−150 million) (2016)|
|Total assets||₹133,441.63 crore (US$21 billion) (2016)|
|Owner||Government of India|
Number of employees
|Capital ratio||11.00% (2016)|
Dena Bank was founded on 26 May 1938 by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company. It adopted its new name, Dena Bank (Devkaran Nanjee), when it incorporated as a public company in December 1939.
In July 1969 the Government of India nationalized Dena Bank, along with thirteen other major banks. It is now a Public Sector bank constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970. Under the provisions of the Banking Regulations Act 1949, in addition to the business of banking, the Bank can undertake other business as specified in Section 6 of the Banking Regulations Act, 1949.