Dena Bank

Dena Bank
Formerly	Devkaran Nanjee Banking Company Ltd
Company type	Public
Traded as	BSE: 532121; NSE: DENABANK;
ISIN	INE077A01010
Industry	Banking; financial services
Founded	26 May 1938
Founder	Devkaran Nanjee
Defunct	1 April 2019
Fate	Merged with Bank of Baroda
Successor	Bank of Baroda
Headquarters	(erstwhile) C-10, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai, Maharashtra, India
Number of locations	1,872 branches (2018)
Area served	India
Services	Consumer banking; Corporate banking; Finance and insurance; Investment banking; Mortgage loans; Private banking; Private equity; Savings; Securities; Asset management; Wealth management;
Revenue	₹8,932.23 crore (US$1.1 billion) (2018)
Operating income	₹1,171.16 crore (US$150 million) (2018)
Net income	₹−1,923.15 crore (US$−240 million) (2018)
Total assets	₹120,859.79 crore (US$15 billion) (2018)
Number of employees	13,613 (2018)
Capital ratio	11.09% (2018)

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.

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