Dena Bank has informed BSE that in exercise of the powers conferred by sub-section (3)(h)and (3-A) 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 August 02, 2011 had nominated Shri Vijay Kapoor as part time non-official Director on the Board of the Bank, for a period of 3 years from the date of notification or until further orders whichever is earlier.<br/><br/>As per above notification, the term of Shri Vijay Kapoor, ceases as a Director on the Board of the Bank w.e.f. August 02, 2014.
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