Saturday, September 8, 2012

Dena Bank - Change in Directorate

Dena Bank has informed BSE 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 September 06, 2012 have nominated Shri V. Vasanthan, Chief General Manager, Reserve Bank of India as Director on the Board of the Bank, in place of Shri N. S. Viswanathan, Director, with immediate effect tram the date of notification and until further orders. As per above notification the term of Shri. N.S. Viswanathan ceases as a Director on the Board of the Bank from September 06, 2012.

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