Definitions

Dena Bank

Dena Bank

Dena Bank (founded 26th May, 1938) is one of the earliest banks in India.

History

  • Dena Bank was founded by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd.
  • It found its new name, Dena Bank Ltd. when it was incorporated as a Public Company in Dec 1939.
  • It is one of the most prestigious banks of India having a good market share.
  • Dena Bank was nationalised (and therefore dropped the 'Ltd.' from its name) in 1969 along with 13 other banks in India.

See also

External links

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