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Dena Bank informs about cessation of director

10 Sep 2015 Evaluate

Dena Bank has informed that in exercise of the powers conferred by Clause (b) of Sub-section 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 Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, vide notification dated April 16, 2014 had nominated Anna Roy, Director, Department of Financial Services as Government Nominee Director on the Board of Dena Bank. Now, the Central Government, vide notification dated September 09, 2015 has informed that since Anna Roy, Joint Secretary, DFS has been appointed as Government Nominee Director on the Board of Bank of India, therefore, Anna Roy ceases to be Director on the Board of Dena Bank with immediate effect.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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