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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 .
- 26 May 1938; 85 years ago
- ₹8,932.23 crore (US$1.1 billion) (2018)
- 13,613 (2018)
The web page announces the merger of three public sector banks in India in April 2019. It provides a brief introduction of Bank of Baroda, the leading bank among the merged entities, and its international presence and subsidiaries.
Apr 1, 2019 · Beating private sector lender ICICI Bank, state-run Bank of Baroda (BoB) has become India's third largest bank after its merger with Dena Bank and Vijaya Bank came into effect
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Sep 18, 2018 · On Sept. 17, the Narendra Modi government announced plans to merge three public sector banks: Mumbai-based Dena Bank, Bengaluru’s Vijaya Bank, and Bank of Baroda (BoB) that has its head...
Apr 1, 2019 · New Delhi: As the merger came into effect from April 1, customers of Dena Bank and Vijaya Bank are now account-holders of Bank of Baroda, which has become India's third-largest bank. The merger ...
Sep 19, 2018 · Govt announces merger of Bank of Baroda, Vijaya Bank and Dena Bank, amid long-felt need for consolidation rather than fragmentation of state-owned banks. How does it help, and what challenges lie ahead?
Jan 2, 2019 · IMAGE: @DDNewsLive/ Twitter. New Delhi: The government on Wednesday approved the merger of Dena Bank and Vijaya Bank with Bank of Baroda (BoB) to make it a globally competitive lender. The official statement by the government states that the merger will come into force on April 1, 2019.
