Multiple choice

Why is DENA bank so called?

  1. After its founder Devkaran Naggar

  2. After its founder Debashish Naraiyan

  3. After its founder Devkaran Nanjee

  4. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

DENA Bank was named after its founder, Devkaran Nanjee. The bank was established in 1938 and the name DENA was derived from 'Devkaran Nanjee'. This naming convention was uncommon in Indian banking where most banks were named after cities or regions.