DENABANK

Dena Bank has informed the Exchange that Shri P. L. Gairola, Chairman and Managing Director of the Bank has retired from the Bank on his superannuation at the closing hours of December 31, 2008.

Dena Bank has informed the Exchange that the Bank has revised its Benchmark Prime Lending Rate as per the press release , titled: "Dena Bank has announced a reduction of 75bps in its BPLR from 13.50% to 12.75%. The reduction in the BPLR shall be effective from 1st January, 2009".

Dena Bank has informed the Exchange that the Bank has revised its Benchmark Prime Lending Rate as per the press release , titled: "Dena Bank has announced a reduction of 75bps in its BPLR from 14.25% to 13.50%. The reduction in the BPLR shall be effective from 10th November, 2008".

Dena Bank has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2008 as follows: Interest earned of Rs. 159609 lacs for the half year ending on 30-SEP-2008 against Rs. 128579 lacs for the half year ending on 30-SEP-2007. Interest expended of Rs. 112307 lacs for the half year ending on 30-SEP-2008 against Rs. 84541 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 17113 lacs for the half year ending on 30-SEP-2008 against Rs. 14773 lacs for the half year ending on 30-SEP-2007.

Dena Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2008 as follows: Interest earned of Rs. 82863 lacs for the quarter ending on 30-SEP-2008 against Rs. 65853 lacs for the quarter ending on 30-SEP-2007. Interest expended of Rs. 57437 lacs for the quarter ending on 30-SEP-2008 against Rs. 44285 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 10283 lacs for the quarter ending on 30-SEP-2008 against Rs. 9215 lacs for the quarter ending on 30-SEP-2007.

Dena Bank has informed the Exchange that "Shri S.K. Jain (Deputy General Manager-Accounts) has been appointed as Compliance Officer in place of Mr.M.G. Sanghvi on his elevation as Executive Director to Bank of Maharashtra. Mr. S.K. Jain will be Compliance Officer w.e.f. 18th October, 2008 onwards, who will directly liaise with the authorities such as Stock Exchanges, SEBI, ROC etc".

Dena Bank has informed the Exchange that: "Dena Bank has raised Lower Tier II Bonds (Series X) Capital funds to augment long term resources of the Bank and to meet its future Capital Adequacy Ratio requirements in the nature of Debentures on Private Placement Basis for an amount of Rs.300.00 crores including Green shoe option. The Bonds are carrying a coupon of 11.20% p.a. payable annually and are redeemable after 127 months from the deemed date of allotment. The issue was fully subscribed aggregating to Rs.300 crore. The Bank exercised the Green shoe option and retained the subscribed amount"

Dena Bank has informed the Exchange that "The Indian Banks Association has informed us vide their letter dated 30th August, 2008 that the convenor of the United Forum of Bank Unions, which is constituent unit of five unions (viz.AIBEA, NCBE, BEFI, INBEF and NOBW) and four Officer's Associations (viz.AIBOC, AIBOA, INBOC and NOBO) have served a notice of strike dated 29th August, 2008 stating that all the workmen employees and officer's staff in the public sector and private sector banks will be observing a day's total strike on Friday, 24th and 25th September, 2008 throughout the country on cer

Dena Bank has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Shareholders of the Bank held on July 12, 2008. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Denabank_agm_20082008.zip target=NEW> For more details click here.</a>

Dena Bank has informed the Exchange that "The Indian Banks Association has informed us vide their letters dated 31st July, 2008 and 7th July, 2008 that the All India Bank�s Employees Association (AIBEA representing workman employees and All India Bank Officers Association (AIBOC) representing officers has served a notice of strike dated 31st July,2008 and 30th July, 2008 respectively, stating that all the workmen employees and officers' staff in the public sector and private sector banks will be observing one day�s total strike on 20th August, 2008 throughout the country on certain demands. I

Dena Bank has informed the Exchange regarding a press release dated August 07, 2008, titled "Dena Bank Increases Interest Rates on Term Deposits & Prime Lending Rate for Advances". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/DenaBANk_PR_07082008.zip target=NEW> For more details click here.</a>

Dena Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2008 as follows: Interest earned of Rs. 76746 lacs for the quarter ending on 30-JUN-2008 against Rs. 62725 lacs for the quarter ending on 30-JUN-2007. Interest expended of Rs. 54871 lacs for the quarter ending on 30-JUN-2008 against Rs. 40256 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 6830 lacs for the quarter ending on 30-JUN-2008 against Rs. 5558 lacs for the quarter ending on 30-JUN-2007.

Dena Bank has informed the Exchange that the Dividend recommended by the Board of Directors of the Bank at their meeting held on April 30, 2008 would be paid subject to approval by the shareholders in the Annual General Meeting scheduled on July 12, 2008. The mailing of dividend warrants dated July 22, 2008 would commence on July 19, 2008. Dividend amount would be credited on July 22, 2008 to those shareholders who are covered by ECS facility.

Dena Bank has informed the Exchange regarding a press release dated June 30, 2008, titled "Dena Bank increases Interest Rates on term Deposits & Prime Lending Rate for Advances". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/dena_pr_30062008.zip target=NEW> For more details click here.</a>

Dena Bank has informed the Exchange that "In exercise of the powers conferred by Clause (h) of sub-section and (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/ 1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/ 1980, the Central Government, vide notification No.F.No. 9/7/2007-BO-I dated 10/06/2008 has nominated Dr. Tarsem Chand in place of Shri R.L.Banerjee as a Director, on the Board of Dena Bank with immediate effect and until further orders".

Dena Bank has informed the Exchange that the Annual General Meeting of the Shareholders of the Bank will be held on July 12, 2008 to transact the following business :- (1). To discuss, approve and adopt the Balance Sheet as at March 31, 2008 and Profit & Loss Account for the year ended on that date, the report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditors' Report on the Balance Sheet and Accounts. (2). To declare dividend on Equity Shares for the financial year 2007-2008. Further the Register of Shareholders and Sha

Dena Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on April 30, 2008 have recommended a Dividend of 10% i.e. Rs 1.00 paise per equity share of Rs.10/- each for the financial year 2007-2008.

Dena Bank has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2008 as follows: Interest earned of Rs. 271005 lacs for the year ending on 31-MAR-2008 against Rs. 211852 lacs for the year ending on 31-MAR-2007. Interest expended of Rs. 181714 lacs for the year ending on 31-MAR-2008 against Rs. 126316 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 35979 lacs for the year ending on 31-MAR-2008 against Rs. 20156 lacs for the year ending on 31-MAR-2007.

Dena Bank has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2008 as follows: Interest earned of Rs. 73924 lacs for the quarter ending on 31-MAR-2008 against Rs. 58449 lacs for the quarter ending on 31-MAR-2007. Interest expended of Rs. 50099 lacs for the quarter ending on 31-MAR-2008 against Rs. 35157 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 11099 lacs for the quarter ending on 31-MAR-2008 against Rs. 4380 lacs for the quarter ending on 31-MAR-2007.

Dena Bank has informed the Exchange that "The Bank has decided to publish audited results for the accounting year ended March 31, 2008 within the stipulated period and the unaudited results for the last quarter of the accounting year ended March 31, 2008 will not be published."

Dena Bank has informed the Exchange that the Bank has raised Lower Tier II Bonds (Series IX) Capital funds to augment long term resources of the Bank and to meet its future Capital Adequacy Ratio requirements in the nature of Debentures on Private Placement Basis for an amount of Rs.100.00 crores plus Green shoe option. The Bonds are carrying a coupon of 9.25% p.a. payable annually and are redeemable after 122 months from the deemed date of allotment. CRISIL has assigned "AA-" (pronounced as "AA- with stable outlook) and Fitch ratings has assigned 'A+(ind) National Rating to the Lower Tier II

Dena Bank has informed the Exchange regarding issue of Unsecured, Non-Convertible, Subordinated, Redeemable Lower Tier II Bonds (Series IX) in the nature of Promissory Notes with face value of Rs. 10 lakh each for cash aggregating to Rs. 100 crores Plus Green Shoe option on private placement basis on Wholesale Debt Market segment of the Exchange. Accordingly, the issue opened on March 14, 2008 and closed on March 19, 2008. The bank received and retained subscription of Rs. 106 crores.

Dena Bank has informed the Exchange that: "The Indian Banks Association has informed us vide their letter dated 7th February, 2008 that the convenor of the United Forum of Bank Unions, which is constituent unit of five unions (viz.AIBEA, NCBE, BEFI, INBEF and NOBW) and four Officers' Associations (viz.AIBOC, AIBOA, INBOC and NOBO) has served a notice of strike dated 3rd January, 2008 stating that all the workmen employees and officers' staff in the public sector and private sector banks will be observing two day's total strike on 25th & 26th February, 2008 throughout the country on certain dem

Dena Bank has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2007 as follows: Interest earned of Rs. 68502 lacs for the quarter ending on 31-DEC-2007 against Rs. 53014 lacs for the quarter ending on 31-DEC-2006. Interest expended of Rs. 47074 lacs for the quarter ending on 31-DEC-2007 against Rs. 32035 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 10107 lacs for the quarter ending on 31-DEC-2007 against Rs. 7053 lacs for the quarter ending on 31-DEC-2006.

Dena Bank has informed the Exchange that "The Indian Banks Association has informed us vide their letter dated 7th January, 2008 that the convenor of the United Forum of Bank Unions, which is constituent unit of five unions (viz.AIBEA, NCBE, BEFI, INBEF and NOBW) and four Officers' Associations (viz.AIBOC, AIBOA, INBOC and NOBO) has served a notice of strike dated 3rd January, 2008 stating that all the workmen employees and officers' staff in the public sector and private sector banks will be observing a day's total strike on Friday, 25th January, 2008 throughout the country on certain demands

Dena Bank has informed the Exchange that : " In exercise of the powers conferred by sub-section(3)(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act,1970/1980 read with sub- clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government ,has nominated Shri M. Surya Naik, vide notification No.F.No.9/22/2006-BO-I dated 31/12/2007 as a part time non official Director on the Board of Dena Bank for a period of two years from the date of notification or until further orders, whicheve

Dena Bank has informed the Exchange that With reference to the above matter, "In exercise of the powers conferred by sub-section (3)(h) and (3-A) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings ) Act, 1970/ 1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, has nominated Shri V.S. Sivakumar, vide notification No.F.No.9/22/2006-BO-I dated 21/11/2007 as a part time non official Director on the Board of Dena Bank for a period of three years from the date of notific

News Verification : The media had reports that Dena Bank may be acquired by State Bank of India. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Dena Bank has vide its letter inter-alia stated, "As far as our Bank is concerned, the news item is not correct and we may add that there is no substance in news and our Bank has no knowledge/discussion with SBI/others about the said matter and we deny the contents of the

Dena Bank has informed the Exchange that: "In exercise of powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/80 read with sub-clause (1) of clause 3, sub clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, in consultation with the Reserve Bank of India, vide notification No. F.No.9/21/2006-BO-I dated November 7, 2007 has appointed Shri Bhaskar Sen, as a whole time director (designated as Executive Director) of Dena Bank for

Dena Bank has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2007 as follows: Interest earned of Rs. 128579 lacs for the half year ending on 30-SEP-2007 against Rs. 100389 lacs for the half year ending on 30-SEP-2006. Interest expended of Rs. 84541 lacs for the half year ending on 30-SEP-2007 against Rs. 59123 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 14773 lacs for the half year ending on 30-SEP-2007 against Rs. 8724 lacs for the half year ending on 30-SEP-2006.

Dena Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2007 as follows: Interest earned of Rs. 65853 lacs for the quarter ending on 30-SEP-2007 against Rs. 52649 lacs for the quarter ending on 30-SEP-2006. Interest expended of Rs. 44285 lacs for the quarter ending on 30-SEP-2007 against Rs. 31143 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 9215 lacs for the quarter ending on 30-SEP-2007 against Rs. 6875 lacs for the quarter ending on 30-SEP-2006.

Dena Bank has informed the Exchange that: "In exercise of the powers conferred by the Clause (e) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 read with sub-clause (2)(a) of clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, the Central Government, vide notification No. F.No.15/6/2006-IR dated 19/09/2007, has nominated Shri Madhkarrao G. Shinde, Special Assistant, Dena Bank, Hamidia Road Bhopal as Workmen Employee Director on the Board of Dena Bank, in place of Shri Sudhir Joshipura. He will

Dena Bank has informed the Exchange that: "The Indian Banks Association has informed us vide their letter dated 23rd August, 2007 that the convener of the United Forum of Bank Unions, which is constituent unit of five unions (viz.AIBEA, NCBE, BEFI, INBEF and NOBW) and four Officers' Associations (viz.AIBOC, AIBOA, INBOC and NOBO) has served a notice of strike dated 24th February, 2007 stating that all the workmen employees and officers' staff in banks will be observing a day's strike on Wednesday, 12th September 2007 throughout the country for various demands like second pension option etc. Th

Dena Bank has informed the Exchange that: "Shri. U.S. Kohli of the Bank has retired from the Bank as Executive Director on his superannuation at the closing hours of 31st August, 2007".

Dena Bank has informed the Exchange that: "Shri M. G. Sanghvi (General Manager-FM & SS) has been appointed as Compliance Officer in place of Mrs. Smita Pandit as she has tendered her resignation to the Bank. Mr. M. G. Sanghvi will be compliance Officer w.e.f. 15th August, 2007 onwards, who will directly liaise with the authorities such as Stock Exchanges, SEBI, ROC etc".

Dena Bank has informed the Exchange that the Bank has designated an exclusive e-mail ID for redressal of Investor Complaints and the said e-mail ID is investorgrievance@denabank.co.in.

Dena Bank has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Shareholders of the Bank held on June 29, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Denabk_AGM_01082007.zip target=NEW> For more details click here.</a>

Dena Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2007 as follows: Interest earned of Rs. 62725 lacs for the quarter ending on 30-JUN-2007 against Rs. 47740 lacs for the quarter ending on 30-JUN-2006. Interest expended of Rs. 40258 lacs for the quarter ending on 30-JUN-2007 against Rs. 28004 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 5558 lacs for the quarter ending on 30-JUN-2007 against Rs. 1849 lacs for the quarter ending on 30-JUN-2006.

Dena Bank has informed the Exchange that the Annual General Meeting of the Shareholders of the Bank was held on June 29, 2007 and the Shareholders have approved the following agenda items:- Item No.1: Approved and adopted the Balance Sheet as at March 31, 2007 and Profit & Loss Account for the year ended on that date, the report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditors' Report on the Balance Sheet and Accounts. Item No. 2: The dividend @8% on Equity Share of Rs. 10/- each for the financial year 2006-07 was decla

Dena Bank has informed the Exchange that the Dividend recommended by the Board of Directors of the Bank at their meeting held on April 26, 2007 would be paid subject to approval by the shareholders in the Annual General Meeting scheduled on June 29, 2007. The mailing of dividend warrants dated July 10, 2007 would commence on July 05, 2007. Dividend amount would be credited on July 10, 2007 to those shareholders who are covered by ECS facility.

Dena Bank has informed the Exchange on May 28, 2007 that: "The Eleventh Annual General Meeting of the Shareholders of the Bank will be held on Friday, 29th June 2007 at Auditorium, Sir Sorabji Pochkhanawal Bankers' Training College, J.V.P.D. Scheme, Near Cooper Hospital, Vile Parle (W), Mumbai-400 056 to transact the following business :- (1) To discuss, approve and adopt the Balance Sheet as at 31st March, 2007 and Profit & Loss Account for the year ended on that date, the report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the

Dena Bank has informed the Exchange that " Mrs. Smita Vijayanand Pandit (Chief Manager -IRC & Company Secretary) has been appointed as Compliance Officer in place of Shri M.G. Sanghvi with immediate effect, who will directly liaise with the authorities such as Stock Exchanges, SEBI, ROC etc. The details of new Compliance Officer is given below : (1) Name of the Compliance Officer : Mrs. Smita Vijaynand Pandit. (2) Designation : Chief Manager (IRC) & Company Secretary. (3) Address for Correspondance : Dena Bank, Investor Relations Centre, 3rd Floor, Dena Corporate Centre, C-10, G - Block, Band

Dena Bank has informed the Exchange on April 25, 2007 that "The Board of Directors have recommended a Dividend of 8% i.e. Rs 0.80 paise per equity share of Rs. 10/- each for the financial year 2006 - 2007."

Dena Bank has informed the Exchange that "The Bank has decided to publish audited results for the accounting year ended March 31, 2007 within the stipulated period and the unaudited results for the last quarter of the accounting year ended March 31, 2007 will not be published."

Dena Bank has informed the Exchange that: "In exercise of the powers conferred by Clause (f) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 / 1980 read with sub-clause (1) and (2)(a) of clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970 / 1980, the Central Government, after consultation with Reserve Bank of India, vide notification No. F.No.9/3/2005-BO-I dated 5/03/2007 has nominated Shri Vilas D. Patil, General Secretary, All India Dena Bank officers' Federation as officer Employee Director o

Dena Bank has informed the Exchange that: "In exercise of the powers conferred by sub-section (3)(c) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 / 1980, (as amended vide Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment), Act 2006) read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970 / 1980, the Central Government, has nominated Shri Chandra Kishore, vide notification No.F.No. 9/2/2007-BO.I dated 27/02/2007 in place of Shri U.S. P

Dena Bank has informed the Exchange on January 03,2007 that: "The Bank has today launched "DENA GRIHASWAMI SURAKSHA YOJANA", a Group Mortgage Redemption Assurance Scheme for its housing loan borrowers with a tie up with Life Insurance Corporation of India. All housing loan borrowers including staff housing loan borrowers of Dena Bank in the age group of 18-60 would be eligible to join the "Dena Grihaswami Suraksha Yojana". Highlight of the scheme is Life Insurance Cover up to maximum of Rs.1.00 crore on payment of single premium, for the entire term of loan".

Dena Bank has informed the Exchange that: "In exercise of powers conferred by sub-section (3)(g) of section 9 of the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970 / 1980, read with sub clause (b) of clause 9(2) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970 / 1980, the Central Government, after consultation with Reserve Bank of India, has nominated Shri A. Gopalakrishnan, Chartered Accountant, Kerala vide notification No.F.No. 9/30/2004-BO.I dated 14/12/2006 as a part time non official Director under Chartered Accountant category, on th

Dena Bank has informed the Exchange that "The Indian Banks Association has informed us vide their letter dated 29th November, 2006 that the General Secretaries of Bank Employees Federation of India (BEFI) and All India Bank Employees' Association (AIBEA) has served a notice of strike stating that the employees of their affiliates working in all Public Sector, Private Sector, Foreign, Co-operative and Regional Rural Banks will be observing a day's Country wide strike on Thursday, 14th December, for various demands. The Bank is taking all the necessary steps for smooth functioning of Bank's Bran

Dena Bank has informed the Exchange that the Bank has decided to implement the Core Banking Solutions (CBS) by adopting outsourcing model with a contract period of 10 years and it has envisaged to cover 850 branches of the Bank under core Banking. Along with core Banking, Bank would also be implementing the host of third party applications / multiple Delivery Channels (Internet, Phone Banking etc.), Credit Appraisal, Integrated Treasury Management, Risk Management, Asset Liability Management, Anti Money Laundering and Cash Management etc. The project will be implemented in phased manner. The c