Title: PROFILE
1(No Transcript)
2PROFILE
- 70 Yrs of banking - Founded on 26th May, 1938 as
Devkaran Nanjee Banking Company Ltd. - Rechristened as The Dena Bank Ltd in Dec66
- Nationalized on 19th July, 1969 - rechristened as
Dena Bank - Professional Board of Directors consisting of
Banking Professionals, Eminent academicians,
Qualified Chartered Accountants, etc. including
shareholder Directors - Two whole time Directors Chairman Managing
Director Executive Director - Well diversified stable customer base (8 Million)
supported by wide branch network - Mid size Bank with Branch concentration in
Industrially developed vibrant Western India
Financial Hub of the country - Initial Public Offer in 1996 Follow on Issue in
2005 - Govt of India Stake at 51.19
3FORERUNNERS IN
- Savings Deposit Scheme for MINORS
- KRISHI SAKH PATRA (Credit Card) for Farmers in
rural India in 1989 - First FULLY COMPUTERISED BRANCH in PSU Banks
(1991) Nepean Sea Road, Mumbai - First DRIVE-IN-ATM in Banking Industry in India
(1996) Juhu Vile-Parle, Mumbai (Bombay) - Specialized Training Institute for Computer
Literacy Dena Institute of Information
Technology (DIIT), Mumbai (1997) - Customer Service Rating of Branches.
4SNAPSHOT
Snap Shot as at 31st March 08
5KEY INDICATORS
6KEY INDICATORS
7NET INTEREST INCOME
includes interest on income-tax refund of
Rs.21.56 crore for the year 2006-07 Rs.10.08
for the year 2007-08
8NON INTEREST INCOME
includes commission income of Rs.16.93 crore
due to change in accounting policy includes
Rs.69.66 crore recoveries on account of sale of
NPA assets.
9OPERATING EXPENSES
10PROVISION CONTINGENCIES
11RESOURCES
12RESOURCES
13DEPLOYMENT
14DEPLOYMENT
15INVESTMENT
16CAPITAL ADEQUACY
17ASSET QUALITY
18ASSET QUALITY
- Gross NPA brought down to below 2.5 (i.e. 2.45)
- Net NPA brought down to below 1 (i.e. 0.94)
- NPA Provision Coverage Ratio increased from
50.05 to 60.71 - Aggressive efforts on Recovery in NPAs Written
off A/cs through action under SARFAESI One Time
Settlements
19ASSET QUALITY
20FINANCIAL RATIOS cost/yield
21FINANCIAL RATIOS
22FINANCIAL RATIOS
23FINANCIAL RATIOS
24- ATMs 316 ATMs installed with additional access
to over 20,000 ATMs through various tie-up
arrangements for benefit of the Banks ATM
cardholders. - Dena International Gold debit Card to HNI
customer with VISA affiliation - Dena I Connect the internet banking services
for customer of its CBS Branches, to access their
account information through internet in the form
of a) Balance inquiry, b) Mini Statement (last 10
transactions), c) Detailed Statement of accounts,
d) Cheque book inquiry, e) Cheque Stop request,
f) Direct Tax e payment, g) Fund Transfer (self),
h) Outward cheque inquiry etc.
25- Dena Recurring Depositors Insurance Scheme
- Tie-up arrangement with Life Insurance
Corporation of India. - Life insurance cover to Recurring Deposit account
holder to the extent of the Maturity value of the
Recurring Deposit, against risk of death during
the tenure of Recurring Deposit, by paying a
nominal annual Insurance premium. - Full maturity value of Recurring Deposit in all
cases of unfortunate death of depositor during
the period of RD to family / dependants of
depositor. - Dena Tractor Borrowers Life Insurance Scheme
- Life insurance cover to Tractor loan borrowers to
the extent of outstanding loan against risk of
death during tenure of loan. - In case of unfortunate death of Tractor Loan
Borrower during currency of loan, LIC will settle
the claim to liquidate outstanding loan amount.
26NEW INITIATIVES AND THRUST
- Expanding Outreach
- 25 new Branches were opened during the year
including the first foot print in the state of
Himachal Pradesh, thus increasing the total
number of branches from 1135 to 1160 - 62 more branches were awarded ISO Certification
during the year, taking the total tally of ISO
Certified Branches to 287
27NEW INITIATIVES AND THRUST
- Technology
- The Bank rolled out 93 branches during the year
2007-08, taking the total CBS branches to108
covering 50 centers and 22 states. With this, 55
of Banks business is covered under CBS. - Bank has set up its own network DENANET using
651 leased lines, 253 ISDN lines, 26 V-SATs and
598 Dial up lines connecting 1068 branches and 36
administrative offices spread over 300 centers - 47 New ATMs were installed during the year 2007 -
2008, taking the total tally to 316 ATMs across
142 centers, of which 49 were at off-site
locations - As a part of financial inclusion, the ATM
facility is extended to illiterate customer by
installing 2 Bio-metrics ATMs, which can be
operated by thumb impression of customers.
28NEW INITIATIVES AND THRUST
- Technology
- The Bank has ATM sharing arrangement with SBI,
Corporation Bank, through CASHTREE, VISA, CASHNET
NFS tie ups, enabling more than 20000 ATM
access points more than 3.50 lacs Merchant
Establishments (MEs) in India and more than 1
million ATMs 24 million MEs abroad, to banks
customers International Debit / ATM Card base
stood at aprox. 6 lacs - The Bank has number of value added services
through the ATMs i.e. Mobile Pre-paid Top-Ups
Post paid bill payment etc. Debit card customer
can also pay through internet - The bank is offering host of other techno enable
products i.e. Mobile Banking, Tele banking, Dena
Bill Pay, E- payment of indirect taxes and RTGS /
NEFT etc
29NEW INITIATIVES AND THRUST
- Human Resources Development
- Major initiative taken on building Leadership
Skills across cadres - Engaged the services of a consultant of repute to
advise on the strategies for repositioning of the
Bank - 255 new officers inducted during the year, to
infuse young and specialised talent in different
specialised areas viz. Credit, IT, Marketing,
Agriculture and Treasury etc. - Further recruitment of 649 Officers, 649 Clerks
and 159 sub-staff proposed for the year 2008-09. - Continuing with the process of customer-centric
grooming of frontline staff at the branches.
30NEW INITIATIVES AND THRUST
- Garnering Fee Based Income
- Tie-up arrangement with 3 more Mutual funds
during the year in addition to existing 8, thus
providing a bountiful basket of varied products
from the leading mutual funds viz. UTI, ICICI
Pru, LIC, Franklin Templeton, HDFC, Reliance,
ING, Kotak Mutual, TATA AIG, Birla Sunlife, SBI
Mutual Fund, for selling their products - Tie-up with LIC for selling Life Insurance
Products and entered into a referral arrangement
with Oriental Insurance for Non-life products.
During the year two new products i.e. Oriental
Health Royal Medi-Claim Scheme Personal
Accident policy, were launched - Introduced Dena Grah Swami Suraksha Yojna in
association with LIC to provide Loan linked Life
Insurance Cover to a Housing Loan Borrower during
the currency of a the Loan - Facility of franking of stamps extended beyond
Mumbai at 11 more branches at New Delhi and in
the state of Rajasthan - Rupee Drawing Arrangement with UAE Exchange for
inward remittances of NRI funds similar to
existing arrangements with Western Union Money
Times of Money.
31NEW INITIATIVES AND THRUST
- Priority Lending
- Collaborated with Gujarat Green Revolution Co Ltd
for promoting lending under Micro Irrigation
Scheme Drip Sprinkler Irrigation - Dena Swachha Gram Yojna, a scheme to provide
collateral free finance for construction of
Toilets / Bathrooms in rural areas - Dena Paryavaran Suraksha Yojna, a scheme to
finance auto rickshaw owners for acquiring /
fitting CNG / LPG gas kit in old auto rickshaws,
to curb environmental air pollution. The Bank
has so far financed 900 such auto rickshaw
owners, thus contributing to a safer environment,
in a subtle way - Tie up with NBHC for financing to farmers and
others against pledge of godown receipts. - MoU signed with M/S Zero Microfinance Saving
Support Foundation as Service provider and with
M/S A Little World As technology provider for the
financial inclusion in 2 districts of Gujarat
covering 135 villa
32NEW INITIATIVES AND THRUST
- Corporate Social Responsibility
- Continues to sponsor One Girl Child at each of
the villages in its command area of operation in
the state of Gujarat, for pursuing secondary
education under the scheme Dena Shiksha Protsahan
Yojana, and 521 scholarship have been provided
under the scheme so far - Adopted 51 villages in the State of Gujarat for
all round development - Sponsored 2 RUDSETIs at Mehsana Bhuj in the
state of Gujarat to provide training to rural
youth and women enabling them acquire skills for
self-employment. More than 2864 rural youth
trained so far - Pro-actively promoting the Innovators with need
based collateral free financing
33NEW INITIATIVES AND THRUST
- Road Map ahead
- Plans to open at least 26 new branches and 12
Retail Asset Centres during the current year - 342 more Branches are planned to be rolled out
under CBS during FY 2008-09 thus, covering 74 of
the Banks business - To expand outreach and facilitate rural centres
with a greater number of bio-metric ATMs - New avenues of fee based income viz. tie ups with
more mutual funds / exchange houses etc. - Committed to reposition itself as a robust medium
sized Bank with strong fundamentals - Plans to expand Depository business and other
related services.
34Thank You