Submitted to: Submitted by:-

Madhavi Damble Ashish Gupta(11MK45)

Ashish Malhotra(11MK46)

Atul Choubey(11MK47)

INDIRA INSTITUTE OF MANAGEMENT, PUNE

Dena Bank was founded on 26th May, 1938 by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd

It became a Public Ltd. Company in December 1939 and later the name was changed to Dena Bank Ltd.

In July 1969 Dena Bank Ltd. along with 13 other major banks was nationalized and 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.

Milestones

One among six Public Sector Banks selected by the World Bank for sanctioning a loan of Rs.72.3 crores for augmentation of Tier-II Capital under Financial Sector Developmental project in the year 1995.

One among the few Banks to receive the World Bank loan for technological upgradation and training.

Launched a Bond Issue of Rs.92.13 crores in November 1996. Maiden Public Issue of Rs.180 Crores in November 1996. Introduced Tele banking facility of selected metropolitan centers.

Dena Bank has been the first Bank to introduce:

Minor Savings Scheme. Credit card in rural India known as "DENA KRISHI SAKH PATRA" (DKSP). Drive-in ATM counter of Juhu, Mumbai. Smart card at selected branches in Mumbai. Customer rating system for rating the Bank Services.

LOGO:

The logo of Dena Bank depicts Goddess Lakshmi, the Goddess of Wealth, according to Hindu mythology.The contemporary 'D' in the logo reflects the dynamism, dedication and the drive towards customer satisfaction.

MISSION:

DENA BANK will provide its

Customers - premier financial services of great value,  Staff - positive work environment and opportunity for growth and achievement,Shareholders - superior financial returns,Community - economic growth

VISION:

DENA BANK will emerge as the most preferred Bank of customer choice in its area of operation, by it reputation and performance

BOARD OF DIRECTORS:-

Presently we have more than 545 ATMs all across India of which 2 are Biometric ATMs.

Dena Bank offers the following types of cards:

1. Dena ATM Card2. Dena Insta Card (Un-named Debit Card)3. Dena Debit cum ATM Card (Named Debit Card)4. Dena International Gold Debit Card

PRODUCTS AND SERVICES:-

DEPOSITS LOANS SERVICES Premium Savings Account

Scheme Premium Current Account

Scheme Dena Jeevan SB Account Dena Maha Tax Bachat

Yojana Dena Super Premium

CurrentAccount

Dena Platinum Current Account

Dena Niwas Housing FinanceScheme

Dena Vidya Laxmi EducationalLoan Scheme

Dena Suvidha (Personal Loan)Scheme

Dena Auto Finance Scheme

Dena Consumer

Core Banking Solution Dena ATM Services Verified by Visa Services Internet Banking Dena e-Tax Pay Mobile Banking Phone Banking Dena Alert Services Dena BillPay RTGS / NEFT Dena IndiaRemit Inbound Remittances

Scheme Dena Freedom Deposit

Scheme Dena Samruddhi Deposit

Scheme Dena Fixed Deposit

Scheme Dena Senior Citizen

Scheme Dena Recurring Deposit

Scheme Dena Loan Linked

RecurringDeposit Scheme

Dena Minor Savings Scheme

Dena Alpa Bachat Khata Dena Cash Certificate

Durable Loan Dena Trade Finance

Scheme Dena Senior Citizen

Pensioners’ Loan Scheme

Dena Mortgage Loan Scheme

Dena Rent Scheme (Financeagainst Rent receivables)

Dena Doctor + Dena Gold Loan

Scheme

Direct Tax Collection Indirect Tax Bancassurance Distribution of Mutual Funds Demat Services ASBA Visa Bill Pay GoRecharge

STRATEGY :-

Dena Bank : Gujarat strategy

“The Dena Bank management is chalking out a `Resurgent Gujarat’ package. It will have two aspects— participating in various projects here and internally ramping up the bank mechanism in the state.”

“Dena bank already has a very strong presence in the state and with Gujarat making rapid progress in almost all sectors, the bank has decided to accord a major thrust in the state in the coming months,”

With over 525 branches in the state, which is about 35 per cent of the total branches of the bank, the bank aims at a much larger share of business from Gujarat.

“About 30 per cent of the bank’s business comes from Gujarat. We want this to go up manifold with the proposed move,” 

Dena Bank scouts for fresh talents

With a view to strengthening its operation, public sector Dena Bank plans to engage specialists in information technology (IT), economics research, marketing, human resource an law