A recent press report said that the Centre has appointed Ms. Nupur Mitra as Chairman and Managing Director of Dena Bank. Reports said that she will assume charge on November 1. Reports said that Ms. Mitra will replace Mr. D.L. Rawal, who is supposed to superannuate on October 31.
Ms. Mitra is currently the Executive Director at Indian Overseas Bank (IOB); she started her career with another state-run lender Bank of India in 1975 and served the bank in different capacities. She also went on to head London Branch (Bank of India) on overseas assignment in mid-2001. Ms. Mitra was Bank of India’s general manager before her appointment in Indian Overseas Bank as executive director.
An executive order appointing Ms. Mitra as the next CMD of Dena Bank has been issued. She is the first woman to be at the helm of Dena Bank. Her term will end on December 31, 2012, when she superannuates.
Dena bank is one of the earliest banks in India headquartered in Mumbai. It offers smart loans on easy terms and attractive interest rates. It offers loans such as home loans, personal loan, vehicle loan education loan etc. for all categories of individuals to suit every pocket and to fulfill every financial need.