Hon. Union Finance Minister graces Dena Bank’s Platinum Jubilee celebrations
Hon. Union Finance Minister graces Dena Bank’s Platinum Jubilee celebrations
· Hon.
Union Minister of State for Finance, Finance Secretary, RBI Dy Governor
also attended the event along with several prominent personalities
from the field of banking/ finance
· Hon.
Finance Minister felicitated the members of the Founder’s family and
prominent personalities - Smt. Jyoti Sanghvi and Shri Nirmal Nanjee
(from the founder’s family); Dr. Anil Kakodkar, Dr. Ramakant Panda, Smt.
Monisha (Mana) Shetty, Shri Virat Kohli; Lt. Commander Abhilash Tomy
and Shri Parthiv Gohil
· In
Platinum Jubilee year, Dena Bank crossed a biz mix of Rs. 1.5 lakh
crore, registered highest net profit, and recommended highest dividend
Earmarked Rs. 8 cr for giving free medical insurance to 2.25 lakh farmers’ families of Dena Kissan Credit Card holders
Mumbai, May 25, 2013:
Hon. Union Finance Minister Shri P. Chidambaram graced the platinum
jubilee celebrations of Dena Bank, India’s Trusted Family Bank, as the
Bank celebrated 75 years of Banking Excellence since it was founded by
late Shri Pranlal Devkaran Nanjee. Dena Bank’s Chairman & Managing
Director Shri Ashwani Kumar and Executive Director Shri A. K. Dutt
welcomed the Union Finance Minister and a host of luminaries from the
world of banking and finance - Hon. Union Minister of State for Finance
Shri Namo Narain Meena; Shri Rajiv Takru, Secretary, Dept. of Financial
Services, Ministry of Finance; RBI Dy. Governor Shri H. R. Khan; CMDs
and EDs of other Banks; retired CMDs, EDs of Dena Bank; Members of
Founders family; and senior officials from Govt. and Reserve Bank of
India; distinguished clients and well wishers.
On
the occasion, Hon. Finance Minister launched Dena Bank Travel Card,
Dena Bank Gift Card, Dena Bank Fixed Deposits thru' online banking, Dena
Help - Dena Bank Grievance Redressal and Service System and free Dena
Bank App (Application) for smartphones and tablets. Hon. Finance
Minister also announced that Dena Bank has adopted 32 drought affected
villages and provided 101 drinking water storage tanks in Aurangabad and
Nashik districts of Maharashtra. The Bank also donated 100 wheelchairs
for the benefit of physically handicapped to the Indian Red Cross
Society, KEM Hospital, Tata Memorial Hospital, Sir JJ Group of Hospitals
(Grant Medical) and Jai Vakeel School for Children with Mental
Retardation and Multiple Disabilities.
On
the occasion, Hon. Finance Minister, on behalf of Dena Bank,
felicitated Smt. Jyoti Sanghvi and Shri Nirmal Nanjee from the founder’s
family; Dr. Anil Kakodkar (eminent nuclear scientist and Chairman,
Research Advisory Council, JNNSM at Department of Atomic Energy); Dr.
Ramakant Panda (eminent heart surgeon, Vice Chairman and MD of Asian
Heart Institute); Smt. Monisha (Mana) Shetty (social worker and daughter
of late Vipula Kadri of Save The Children India); Shri Virat Kohli
(eminent cricketer coached by Dena Bank employee Shri Rajkumar Sharma);
Lt. Commander Abhilash Tomy (the first Indian to circumnavigate the
globe solo non-stop in 150 days); and Shri Parthiv Gohil (eminent
playback singer and son of Dena Bank employee Shri Bharat Gohil).
Addressing the distinguished gathering, Shri Ashwani Kumar, Chairman and Managing Director, Dena Bank,
said, “Dena Bank is proud to complete 75 years of glorious service to
the Nation and our customers and the presence of Hon. Union Finance
Minister, Hon. Union Minister of State, Finance Secretary, RBI Dy.
Governor and other distinguished dignitaries on this momentous occasion
adds grace and value to our celebrations. On this occasion, we reaffirm
our commitment to excellence in service and to our stakeholders through
our ‘Dena Hai to Bharosa Hai’ ethos.”
During
the Platinum Jubilee year, Dena Bank achieved the following historical
milestones: Registered highest net profit of Rs. 810 crore in FY 12-13;
Recommended the highest ever dividend of 47%; Became a mid-sized Bank by
crossing a business mix of Rs.1.50 lakh crore.
On
the occasion, Hon. Finance Minister Shri P. Chidambaram said, “On
behalf of the Government of India, let me compliment Dena Bank on
completion of 75 years and this is truly a long time in the lifetime of
an institution. I congratulate all the members of the Dena Bank family
for their achievements and it’s a matter of pride to have over 1.5 crore
account holders and cross the Rs. 1.63 lakh crore business mark! I also
urge the Dena Bank family to move ahead with greater vigour and
stronger steps towards the centenary mark. I’m happy that Dena Bank has
launched several new products and programmes to spread financial
literacy and channelize savings.”
“Dena
Bank is committed to corporate social responsibility and as a part of
this, the Bank is providing free medical insurance of Rs. 30,000/- each
to farmers’ family members of our Kissan Credit Card holders benefitting
more than 2.25 lakh families. We have earmarked a sum of approx. Rs. 8
crore for this initiative. We are also providing scholarship for
primary and secondary education to the girl child of economically weaker
section. The Bank has been constantly making endeavours to quicken the
pace of rural development by enlarging the flow of credit to the
priority sector, particularly Agriculture and MSME. In the area of
Financial Inclusion and Direct Benefit Transfer, the Bank has actively
engaged itself. In our Platinum Jubilee year, we have undertaken a
number of CSR initiatives such as Health Check-up Camps, Blood Donation
Camps, etc., all over India,” said Shri Kumar in his speech.
Hon.
Minister of State for Finance Shri Namo Narain Meena added, “I’m glad
that Dena Bank is taking steps in the direction of financial literacy,
which is high priority means to address inclusive growth. I’m glad Dena
Bank is one amongst the PSU baks helping the Government in its Direct
Benefit Transfer (DBT) initiative. Each bank has space to grow and Dena
Bank will find its own niche in banking. I’m sure that the staff and
officials of Dena Bank will continue to serve customers with dedication
and dynamism.”
“We
realize that there is a need to change given the changes in the banking
environment. The consumer demographics are changing with continued
growth in share of young working population. Multiple advancements in
the field of technology are being leveraged by institutions to create
differentiated positions. The industry is also going to see much more
competition with entry of multiple new banks. In this context, we have
initiated steps towards revisiting our business model and processes to
keep pace with times. To this end, the Bank has made significant
investments in technology,” Shri Kumar added.
The event ended with a Vote of Thanks given by Shri A. K. Dutt, ED, Dena Bank.
|
Dena 1 - Left to right Minister of State for Finance Shri NN Meena, Union Finance Minister Shri P Chidambaram, Dena Bank CMD Shri Ashwani Kumar and ED Shri A. K. Dutt at the lighting of the lamp during the Bank's Platinum Jubilee event in Mumbai
Dena 2 - Dena Bank CMD Shri Ashwani Kumar addresses the audience during the Bank's Platinum Jubilee event in Mumbai
Dena 3 - Left to right Dena Bank CMD Shri Ashwani Kumar, Finance Ministry Secretary DFS Shri Rajiv Takru, Union Finance Minister Shri P Chidambaram and ED Shri A. K. Dutt launch Dena Travel Card and many products during the Bank's Platinum Jubilee event in Mumbai
Dena 4 - Left to right Dena Bank CMD Shri Ashwani Kumar (left) being congratulated by Union Finance Minister Shri P Chidambaram (right) while Finance Ministry Secretary DFS Shri Rajiv Takru (centre) looks on
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