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. 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. The Bank has 13750 employees as on 31.12.2014. The number of employees scale-wise is as under:
Cadre/Grade No. of employees
General Manager - Scale - VII 15
Dy. General Manager - Scale - VI 40
Asst. General Manager - Scale - V 111
Chief Manager - Scale - IV 551
Senior Manager - Scale - III 751
Manager - Scale - II 1473
Officer - Scale - I 3494
TOTAL OFFICERS 6435
Clerks 5010
Sub-Staff 1953
Part-time employee (PTC) 352
TOTAL EMPLOYEES 13750
