What's in a name? Dena Bank becomes butt of jokes after RBI diktat

Name-dropping

The Reserve Bank of India has directed Dena Bank to stop the issuance of fresh loans amid spiralling of bad loans. The central bank’s diktat has not just resulted in a crash in the state-owned lender’s stock price but has also set off a barrage of jokes on social media. “How ironic: A bank whose name is Dena cannot give loans to anyone,” tweeted a popular fund manager. “The bank is considering a name change to Nahi Dena Bank,” went another tweet. According to Dena Bank’s official website, it derives the name from the Devkaran Nanjee family, which founded it