ACCOUNTS

Name: Niraj Bhansali

Due Date:7/9/2015
Division: A

Batch: 33

Roll No: 331128

Subject: Accounts
Assignment No: 1

Introduction

Dena Bank was established on 26th May, 1938 by the group of Devkaran Nanjee under the
name Devkaran Nanjee Banking Company Ltd It turned into a Public Ltd. Organization in
December 1939 and later the name was changed to Dena Bank Ltd. In July 1969 Dena Bank
Ltd. alongside 13 other real banks was nationalized and is presently a Public Sector Bank
constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act,
1970. Under the Banking's procurements Regulations Act 1949, notwithstanding the matter of
saving money, the Bank can embrace different business as indicated in Section 6 of the
Banking Regulations Act, 1949.

Points of reference

One among six Public Sector Banks chose by the World Bank for authorizing an advance of
Rs.72.3 crores for increase of Tier-II Capital under Financial Sector Developmental
undertaking in the year 1995.
One among the few Banks to get the World Bank advance for mechanical upgradation and
preparing.
Dispatched a Bond Issue of Rs.92.13 crores in November 1996.
Lady Public Issue of Rs.180 Crores in November 1996.
Presented Tele managing an account office of chose metropolitan focuses.
Dena Bank has been the first Bank to present:
Minor Savings Scheme.
Visa in rustic India known as "DENA KRISHI SAKH PATRA" (DKSP).
Drive-in ATM counter of Juhu, Mumbai.
Smart card at chose branches in Mumbai.

Client rating framework for rating the Bank Services

The contemporary "D" in the logo mirrors the dynamism, devotion and the drive towards
consumer loyalty.
Mission

DENA BANK will give its

Clients - head money related administrations of awesome quality,
Staff - positive workplace and open door for
development and accomplishment,
Shareholders - predominant money related returns,
Group - financial development.

Vision
DENA BANK will rise as the
most favoured Bank of client decision
in its zone of operations, by its
notoriety and execution

Traded as

BSE: 532121
NSE: DENABANK

Industry

Banking, Financial Services

Founded

26 May 1938

Headquarters

Mumbai, Maharashtra, India

Key people

Shri Ashwani Kumar[1](Chairman

and Managing Director)
Smt. Trishna Guha (Executive
Director) & Shri P N Swarup
(Executive Director)

Revenue

55673.7
million(US$840 million) (2010
11)[2]

Net income

6116.3 million(US$92 million)

(200910)

Number of
employees

13,000 (2014)

Slogan

"Trusted Family Bank"

Website

http://www.denabank.com

Name
Ashwani Kumar
R K Takkar
Bankim Desai
A Subramanya
V Chandrasekaran
Name
Trishna Guha
V Vasanthan
M L Gupta

Designation
Chairman & Managing Director
Executive Director
Workmen Employee Director
Director
Shareholder Director
Designation
Executive Director
Nominee Director
Employee Director

Umesh Bellur
Yasho Verdhan Verma

Shareholder Director
Shareholder Director

News About Dena Bank

INDUSTRY
Loan specialists request uncommon review of Amtek Auto books
September 11, 2015
MUMBAI: Lenders to the emergency ridden Amtek Auto Group have chosen to lead an
uncommon review of its books before accepting an approach stretching out further credits to
the Delhi-based auto segment creator, as indicated by banks. "A joint loan specialist gathering
(JLF) meeting was held yesterday and it was chosen to get a unique review of the Amtek
Auto books," a bank authority said today. "Banks are doing something through the JLF," said
a senior authority with another state-run bank, without advertising...
NEWS

Dena Bank conveys decision

January 2, 2003 |
AHMEDABAD: Dena Bank on Wednesday appended assembling unit of Karmani Industries
and private places of the organization's underwriter under the securitisation law. "In spite of
our 60 days see, the organization neither approached for one-time settlement nor made any
installment including premium," Purshottam Kumar, GM, Dena Bank, said.
Purchase Dena Bank: Sudarshan Sukhani

March 24, 2011 |

ET Now identifies with Sudarshan Sukhani, Technical Trends, on Dena Bank. Why is Dena
Bank your high conviction thought? Dena Bank is in an exchanging extent. It is simply
moving out of it so instead of go for State Bank which would be the conspicuous decision
generally in the PSU area. As far as rate additions Dena is better balanced.
Purchase Federal Bank with an objective of Rs 63.5: Prakash Gaba

September 11, 2015 |

In a visit with ET Now, Prakash Gaba, CFT, prakashgaba.com, offers his perspective on
Federal Bank. ET Now: What is your perspective on Dena Bank? Prakash Gaba: Federal
Bank is a "Purchase" call with an objective of Rs 63.5 and a stop loss of Rs 60.

Cash Flow of Dena Bank

Net Profit Before Tax

Net Cash From Operating Activities
Net Cash (used in)/from
Investing Activities
Net Cash (used in)/from Financing
Activities
Net (decrease)/increase In Cash and
Cash Equivalents
Opening Cash & Cash Equivalents
Closing Cash & Cash Equivalents

------------------- in Rs. Cr. ------------------Mar '15

Mar '14
Mar '13
12 mths
12 mths
12 mths
265.48
551.66
810.38
3510.86
-4543.97
3843.63
-129.72

-106.78

-81.72

-78.17

1202.07

508.31

3302.96

-3448.69

4270.21

6372.72
9675.69

9821.41
6372.72

5551.20
9821.41

Analysis:
Although 2012 was year of slow growth then too Dena Bank tried its best n too performed
best in the year
2012/13:

in 000s

Overall increase in cash balance: 42702101

Bond tire II: 8500000
Term loan was granted more to increase cash inflow: 66030298
Capital base was also increased: 295487
Term deposit by customer was increased: 185513767
Loan taken from RBI increased cash balance: 35900000
2013/14:
Cash balance was decreased: 34486872
It was because of dividend paid: 1307467
Repayment of bond decreased cash: 1500000
Cash crunch lead to issue of equity share which generated cash inflow: 10660001
Fixed asset purchase decreased cash: 541683
Investment in debenture and bond decreased cash: 17338443
Repayment to RBI: 34450000
2014/15:
Overall increase in cash: 33029639
Increase in term loan: 25287363
Government security decreased: 4326241
Decrease in certificate of depots: 8493321
Payment to RBI: 18550000
Increase in liability of bill payable: 4572611