Dena Bank has informed that in exercise of the powers conferred by clause (c) 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 Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, vide notification dated May 03, 2016 has nominated S. C. Murmu, GGM, Reserve Bank of India, Department of Information Technology, Central Office, Mumbai on the Board of Dena Bank with immediate effect and until further orders, in place of V. Vasanthan. As per above notification, S. C. Murmu is appointed as RBI Nominee Director of the Bank and V Vasanthan ceases as a Director on the Board of the Bank with effect from May 03, 2016.
The above information is a part of company’s filings submitted to BSE.
