Dena Bank (DENA)

As of April 1, 2019, Dena Bank was acquired by Bank of Baroda. Dena Bank provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It accepts various deposits, such as savings, current, and bank accounts; deposit and senior citizen schemes; fixed, recurring, and loan linked recurring deposits; minor savings schemes; cash certificates; and online term deposits. The company also provides a range of loans, including consumer durable, gold, housing, professional, senior citizen pensioner’s, personal, vehicle, education, and skill loans; loans for medical practitioners; loan against properties; finance against rent receivables; and trade finance schemes. In addition, it offers application supported by blocked amount, bancassurance, demat, bill and e-payment, e-tax pay, SMS alert, indirect and direct tax collection, e-smart, inbound remittance, Internet and mobile banking, online donation, RTGS/NEFT, tab banking, national pension system, point of sale terminal, and e-unified payments interface services. Further, the company provides gift, ATM, debit, and prepaid cards; and public provident fund and sukanya samriddhi accounts, as well as distributes mutual funds. Additionally, it provides corporate banking services; international banking services, such as trade finance, including export, import, correspondent banking, remittance, and other services; and various banking products and services for the priority, and small and medium enterprises. As of March 31, 2018, the company operated a network of 1,872 branches; and a network of 1,685 ATMs. Dena Bank was founded in 1938 and is headquartered in Mumbai, India.