Dena Bank

Founded in 1938 by the family of Devkaran Nanjee, Dena Bank was a major public sector bank headquartered in Mumbai. It was nationalized in 1969 along with 13 other major banks in India. The bank provided a wide range of commercial banking services, including retail banking, corporate banking, and treasury operations to millions of customers across the country. Due to mounting non-performing assets, the Government of India initiated its amalgamation with Vijaya Bank into the larger Bank of Baroda, which became effective on April 1, 2019, making it India's third-largest public sector bank.