Dena Bank to recruit specialists
By Our Banking Bureau | 22 Jan 2005
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Chennai: Dena Bank intends to recruit around a hundred each chartered accountants, agriculture specialists and marketing officers. "The process is on," the bank's executive director, M.V. Nair, has said. At a press conference here, he said that the bank had only recently recruited about 60 IT officers.
The meeting was held as part of the bank's efforts to market its forthcoming public issue of eight lakh shares for a price of Rs27 each, aggregating to Rs216 crore.
Nair said that the bank would also close down unviable branches. About 40 such branches have been identified for closure this year, he said.
