Dena Bank Shares
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Bank Of Baroda Swings Back To Profit In March Quarter, Shares Jump
Bank of Baroda said its financial results comprised earnings of Dena Bank and Vijaya Bank, which were merged into it in April last year.
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Dena Bank, Vijaya Bank Shares Fall After Announcement Of Swap Ratios For Merger
Under the merger plan, Bank of Baroda said it would issue 110 shares of Rs 2 each for every 1,000 shares of Dena Bank worth Rs 10 each, while Vijaya Bank shareholders would get 402 Bank of Baroda shares of Rs 2 each for every 1,000 shares of Rs 10 each. Last year, the government revealed plans to merge state-run Dena Bank, Vijaya Bank and Bank of B...
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Bank Of Baroda Shares Crash 16% After Government Announces Merger Plan
Bank merger: Brokerages were, however, not very hopeful about the prospects for Bank of Baroda on its merger with smaller peers Vijaya Bank and Dena Bank.
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Dena Bank Cuts Lending Rate
Dena Bank has reduced its marginal cost of funds-based lending rate (MCLR) by 0.75 per cent to 8.55 per cent for one-year tenor, the public sector lender said in a statement.
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Dena Bank Capital Infusion: Government Gets Open Offer Exemption
The Securities and Exchange Board of India (Sebi) on Wednesday exempted the government from making an open offer pursuant to its acquisition of an additional 5.66 per cent stake in Dena Bank under its capital infusion plan.
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Dena Bank Posts Rs 326 Crore Loss As Bad Loans Provision Rise 200%
State-run Dena Bank on Monday reported a net loss of Rs 326.39 crore in the quarter to March due to increase in provisions for bad loans which soared 200 per cent to Rs 1,094 crore.
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Allahabad, Central Bank, Dena Bank Fall As Bad Loans Spike
Shares of three public sector banks -- Allahabad Bank, Central Bank of India and Dena Bank - fell by up to 3.4 per cent today after these companies reported disappointing March quarter earnings, with the bad loan situation worsening.
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Dena Bank Sells Additional Stake to LIC
Post-allotment, government shareholding in the bank decreased to 62.89% from 65%.
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State-Run Banks Fall Up To 3% as Crisil Downgrades 8 PSU Banks
The state-run banks whose ratings have been downgraded are Bank of India, Central Bank of India, Corporation Bank, Dena Bank, IDBI Bank, Indian Overseas Bank, Syndicate Bank and Uco Bank.
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Dena Bank Slumps as Asset Quality Worsens in Q3
Dena Bank shares slumped as much as 8 per cent on Tuesday to Rs 32.65 after the state-run lender's asset quality worsened in the December quarter on the back of higher non-performing loans.
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Dena Bank to Seek Board Approval to Dilute Government Stake
Last year, the government allowed public sector banks to to bring down its stake up to 52 per cent so as to meet capital requirement.
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Sebi Exempts Government From Making Open Offer in Three Banks
The central government, which is promoter of these banks, has proposed to acquire more than 15.66 crore shares of Corporation Bank following a proposed preferential allotment by the bank.
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Dena Bank Investors Approve Rs 407-Cr Share Issue to Government
Dena Bank on Wednesday said its board has approved to issue equity shares worth Rs 407 crore to government.
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Dena Bank to Sell Small Ticket Bad Loans to ARCs
For the first time, Dena Bank is planning to sell small ticket non-performing assets (NPAs) of up to Rs 2 lakh to asset reconstruction companies (ARCs) in the current quarter.
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Uco Bank Shares Sink on Reports of Forensic Audit
The alleged irregularity in Uco Bank comes at a time when state-run lenders are under tremendous pressure over corporate governance issues. Uco Bank is the fourth public sector lender where forensic audit has been ordered over the last couple of months.
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Bank Of Baroda Swings Back To Profit In March Quarter, Shares Jump
Bank of Baroda said its financial results comprised earnings of Dena Bank and Vijaya Bank, which were merged into it in April last year.
-
Dena Bank, Vijaya Bank Shares Fall After Announcement Of Swap Ratios For Merger
Under the merger plan, Bank of Baroda said it would issue 110 shares of Rs 2 each for every 1,000 shares of Dena Bank worth Rs 10 each, while Vijaya Bank shareholders would get 402 Bank of Baroda shares of Rs 2 each for every 1,000 shares of Rs 10 each. Last year, the government revealed plans to merge state-run Dena Bank, Vijaya Bank and Bank of B...
-
Bank Of Baroda Shares Crash 16% After Government Announces Merger Plan
Bank merger: Brokerages were, however, not very hopeful about the prospects for Bank of Baroda on its merger with smaller peers Vijaya Bank and Dena Bank.
-
Dena Bank Cuts Lending Rate
Dena Bank has reduced its marginal cost of funds-based lending rate (MCLR) by 0.75 per cent to 8.55 per cent for one-year tenor, the public sector lender said in a statement.
-
Dena Bank Capital Infusion: Government Gets Open Offer Exemption
The Securities and Exchange Board of India (Sebi) on Wednesday exempted the government from making an open offer pursuant to its acquisition of an additional 5.66 per cent stake in Dena Bank under its capital infusion plan.
-
Dena Bank Posts Rs 326 Crore Loss As Bad Loans Provision Rise 200%
State-run Dena Bank on Monday reported a net loss of Rs 326.39 crore in the quarter to March due to increase in provisions for bad loans which soared 200 per cent to Rs 1,094 crore.
-
Allahabad, Central Bank, Dena Bank Fall As Bad Loans Spike
Shares of three public sector banks -- Allahabad Bank, Central Bank of India and Dena Bank - fell by up to 3.4 per cent today after these companies reported disappointing March quarter earnings, with the bad loan situation worsening.
-
Dena Bank Sells Additional Stake to LIC
Post-allotment, government shareholding in the bank decreased to 62.89% from 65%.
-
State-Run Banks Fall Up To 3% as Crisil Downgrades 8 PSU Banks
The state-run banks whose ratings have been downgraded are Bank of India, Central Bank of India, Corporation Bank, Dena Bank, IDBI Bank, Indian Overseas Bank, Syndicate Bank and Uco Bank.
-
Dena Bank Slumps as Asset Quality Worsens in Q3
Dena Bank shares slumped as much as 8 per cent on Tuesday to Rs 32.65 after the state-run lender's asset quality worsened in the December quarter on the back of higher non-performing loans.
-
Dena Bank to Seek Board Approval to Dilute Government Stake
Last year, the government allowed public sector banks to to bring down its stake up to 52 per cent so as to meet capital requirement.
-
Sebi Exempts Government From Making Open Offer in Three Banks
The central government, which is promoter of these banks, has proposed to acquire more than 15.66 crore shares of Corporation Bank following a proposed preferential allotment by the bank.
-
Dena Bank Investors Approve Rs 407-Cr Share Issue to Government
Dena Bank on Wednesday said its board has approved to issue equity shares worth Rs 407 crore to government.
-
Dena Bank to Sell Small Ticket Bad Loans to ARCs
For the first time, Dena Bank is planning to sell small ticket non-performing assets (NPAs) of up to Rs 2 lakh to asset reconstruction companies (ARCs) in the current quarter.
-
Uco Bank Shares Sink on Reports of Forensic Audit
The alleged irregularity in Uco Bank comes at a time when state-run lenders are under tremendous pressure over corporate governance issues. Uco Bank is the fourth public sector lender where forensic audit has been ordered over the last couple of months.
