Sunday July 6, 2014
Dena Bank has sought a capital infusion of Rs 1,200 crore from government in the current fiscal year, a top bank official has said.
Tuesday March 25, 2014
Dena Bank on Tuesday said it will raise Rs 366 crore through a preferential allotment of shares to public sector insurers Life Insurance Corporation (LIC) and General Insurance Corporation (GIC).
Saturday February 8, 2014
Dena Bank on Saturday reported a 67 per cent decline in net profit at Rs 67.80 crore for the quarter ended December 31 on account of higher provisioning.
Monday January 13, 2014
Dena Bank plans to add 65 branches to its network by the end of March, a top official said on Monday.
Sunday December 29, 2013
State-run lenders including State Bank of India (SBI) and IDBI Bank have lined up more than Rs 15,000 crore worth of share-sales to institutional investors to shore-up their capital base.
Thursday December 26, 2013
The government on Thursday infused Rs 700 crore and Rs 400 crore in Dena Bank and Allahabad Bank, respectively, through preferential share allotment route.
Friday December 20, 2013
As per the rules, when entities holding 25 per cent or more stake in a company acquire additional 5 per cent or more stake in the firm, they are required to make an open offer so as to provide an exit opportunity to the public shareholders.
Monday November 18, 2013
State-owned Dena Bank has lowered its loan growth target to 15-16 per cent from the earlier estimate of 18 per cent due to slow economic growth.
Sunday November 10, 2013
State-run lender Dena Bank is planning to raise Rs 600 crore through qualified institutional placement (QIP) after it receives capital from the government, which is expected to happen by the end of December.
Tuesday October 22, 2013
A former top executive at Swiss bank UBS has been arrested in Italy and faces possible extradition to the United States, where he is wanted for allegedly helping wealthy Americans dodge taxes.
Monday October 14, 2013
Dena Bank has reduced interest rates on tractor financing to farmers. The public sector lender will offer a lower base rate of 10.25 per cent up to Rs 100 lakh for these kind of loans, it said in a release on Monday.
Friday September 20, 2013
Dena Bank shares closed 7.6 per cent lower at Rs 49.90, while Vijaya Bank shares closed 5.35 per cent lower at Rs 38.90.
Friday August 23, 2013
Dena Bank has been slapped a penalty of Rs 2 crore while a Rs 1.5 crore fine has been imposed on Corporation Bank. IDBI Bank and Indian Bank have been slapped with penalty of Rs 1 crore each, whereas Allahabad Bank and Bank of Maharashtra have been f...
Monday August 19, 2013
Dena Bank has raised interest rates on NRI deposits of over 3 years by 1 per cent, days after the Reserve Bank of India (RBI) deregulated interest rates on such deposits.
Sunday July 28, 2013
A rate cut to prop up sagging growth is unlikely when the Reserve Bank unveils the first quarter monetary policy review on July 30 as focus will be more on supporting the battered rupee, said bankers and economists.
Saturday July 27, 2013
State-owned Dena Bank on Saturday reported a 21 per cent decline in its net profit at Rs 189.20 crore for the first quarter ended June, 2013.
Sunday May 26, 2013
According to analysts, private banks continued to outshine their public sector peers on both profitability and asset quality in the January-March quarter, highlighting yet again poor risk management and recovery of the government-owned lenders.
Saturday May 11, 2013
Public-sector lender Dena Bank reported on Saturday its profit in the quarter ended March, 2013 more than halved to Rs 125.67 crore due to higher provisioning and contingencies.
Thursday February 14, 2013
Maruti Suzuki and Dena Bank shares fell sharply on Thursday after the two stocks were deleted from the MSCI benchmark after a quarterly review.
Wednesday March 6, 2013
Dena Bank and Union Bank of India today reduced benchmark lending rate by up to 0.25 per cent, making loans including home and corporate cheaper for borrowers.