Dena Bank net plummets 81% as bad loans jump in Q1
Mid-sized public sector lender Dena bank on Thursday said its net profit for the June quarter plunged 81.4 percent to Rs 15.16 crore on account of higher operating expenses as well as provisioning for bad loans.
Jul 30, 2015, 15:49 PM ISTDena Bank plans lower price to sell around Rs 500 cr NPAs
The bank, which is still fighting high bad loans, had put on auction Rs 400-500 crore of stressed assets in the last quarter for asset reconstruction companies (ARCs).
Apr 05, 2015, 13:38 PM IST