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dena
Overview
Dena Bank, an Indian public sector bank, operated as a traditional commercial banking institution before its merger with Bank of Baroda in 2019. It offered a comprehensive suite of financial products and services, including deposit accounts, loans, credit cards, and investment options, primarily catering to the Indian market. The bank's business focus was on serving a broad customer base, with a particular emphasis on financial inclusion, targeting small and medium-sized enterprises (SMEs) and rural communities. While striving for accessibility and customer service, Dena Bank faced challenges related to non-performing assets (NPAs), ultimately leading to its integration into Bank of Baroda.
dena's headcount breakdown by department
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Dena Bank's workforce structure, with around 2000 employees, suggests an operations-heavy model characteristic of traditional brick-and-mortar banks. The majority of the workforce was likely dedicated to branch operations, customer service, and transaction processing. Functions like credit analysis, risk management, and loan processing would have constituted a smaller, yet critical, segment. A sales and marketing team was probably in place to promote the bank's offerings and acquire new customers. Given its public sector status and pre-merger focus, Dena Bank likely had a less technologically advanced infrastructure compared to modern fintech companies, implying a relatively smaller IT department focused on maintaining core banking systems rather than driving innovation. This workforce distribution indicates a bank prioritizing established operational processes and broad accessibility over cutting-edge technology, reflecting its mission to serve a wide demographic within India.
dena's employees by locations
No employee data available
Dena Bank's operations were almost exclusively concentrated within India. As a public sector bank deeply embedded in the Indian banking system, its strategic focus was on establishing and maintaining a widespread network of branches across various regions of India. This domestic-centric approach aimed to serve the local population and businesses, in alignment with the bank's mandate to promote financial inclusion and support economic development within the country. International expansion was improbable given its public sector status, limited resources, and strategic commitment to the Indian market. Therefore, Dena Bank's geographic strategy can be characterized as a predominantly domestic approach, emphasizing regional presence and accessibility to cater to the needs of the Indian populace.
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