Dena Bank is taking up a program to create awareness about the benefit of digital banking. It is conducting credit camps and digital awareness programs and aggressively rolling out POS terminals among small retailers. Speaking at a function in Lucknow recently, CMD of the bank Ashwani Kumar said, UP is an important market for the bank and it plans to put 10,000 PoS machines in place by end March 2017. The bank currently operates 84 branches across 33 districts in UP and plans to expand the network to over 100 by the end of March 2018. He said the bank has several digital offerings, including mobile banking, tab banking and the recently launched e-wallet service. The bank is targeting reaching out to the agricultural and micro, small and medium enterprises (MSME) segments, he added.
