Dena Bank

Dena Bank cuts MCLR lending rate by up to 20 bps

The loans with 3 & 6 month and 1 year tenors will have a reduced MCLR by 0.15 per cent each to 8.05 per cent, 8.20 per cent and 8.25 per cent each respectively.

Sep 29, 2017, 17:26 PM IST

Union Bank, Dena Bank reduce MCLR rates

Union Bank of India and Dena Bank reduced their marginal cost of lending rates across various tenors with effect from Friday.

Sep 01, 2017, 14:40 PM IST

Dena Bank cuts savings rate by 0.5% on deposits up to Rs 25 lakh

Those having deposits over Rs 25 lakh in their savings bank accounts will continue to get the existing interest of 4 per cent.

Aug 21, 2017, 15:58 PM IST

12 PSU banks firming plans to raise funds from markets

Board of PNB has given its approval for raising equity capital to the tune of Rs 3,000 crore through FPO, QIP or rights issue.

Aug 06, 2017, 16:53 PM IST

Nine out of 21 public sector banks reported losses in FY17

Nine of the 21 public sector banks, including IDBI Bank and Indian Overseas Bank, reported losses during 2016-17, the parliament was informed on Tuesday.

Jul 18, 2017, 15:28 PM IST

PCA doesn't constraint bank's normal operations: RBI

The RBI on Monday said its prompt corrective action (PCA), initiated in case of some public sector banks with high NPAs, is a supervision tool and does not constrain normal banking operations for the public.

Jun 05, 2017, 21:57 PM IST

Govt keen to push ahead with more PSB consolidation

Fresh from the successful merger of five associates with SBI, the government is looking to consolidate more public banks going forward, with an aim to create only a few lenders of global size and scale.

Apr 30, 2017, 11:10 AM IST

Govt approves second tranche of capital infusion in PSU banks

The government has approved the second tranche of capital infusion in public sector banks to enhance their capital base.

Mar 17, 2017, 21:59 PM IST

Dena Bank registers Rs 44 crore loss in September quarter

Dena Bank today reported a loss of Rs 44.3 crore for the September quarter on account of higher provisions for bad loans.

Nov 05, 2016, 15:48 PM IST

Dena Bank, SBBJ cut lending rate, effective from November 1

Two public lenders Dena Bank and State Bank of Bikaner and Jaipur (SBBJ) today cut benchmark lending rates by up to 0.1 percent.

Nov 01, 2016, 22:05 PM IST

Dena Bank lowers lending rate by 0.05%s to 9.40%

Under the revised rates, the one-year MCLR has been fixed at 9.40 percent while the most competitive overnight MCLR is 9.15 percent, the Ahmedabad-based bank said in a statement. The revised rates will be applicable from today.

Nov 01, 2016, 17:16 PM IST

Dena Bank to seek board approval to dilute govt stake

State-owned Dena Bank Tuesday said it will seek board approval on Thursday to dilute government stake up to 52 percent.

Dec 01, 2015, 20:13 PM IST

Dena Bank dips 6.5% post Q2 results

Dena Bank's scrip today fell by 6.5 per cent after the company reported a fall of 24.85 per cent in net profit during July-September quarter of 2015-16.

Nov 09, 2015, 11:42 AM IST

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 IST

Dena Bank to sell small ticket bad loans to ARCs

For the first time, mid-sized state-run Dena Bank is planning to sell small ticket non-performing assets of up to Rs 2 lakh to asset reconstruction companies (ARCs) in the current quarter.

Jul 28, 2015, 11:56 AM IST

Dena Bank net plunges 70% as bad loans & wage provisions soar

Dena Bank shares closed 2.88 percent up at Rs 51.85 apiece on the BSE.

May 15, 2015, 19:25 PM IST

RBI slaps Rs 4.5 crore penalty on Dena Bank, OBC, Bank of Maharashtra

RBI on Wednesday slappeds Rs 4.5 crore penalty on Dena Bank, OBC and Bank of Maharashtra for violation of KYC norms.

Apr 29, 2015, 20:07 PM IST

Dena Bank, LIC sign MoU to provide life cover under PMJBY

Under the Memorandum of Understanding, LIC will give a life cover of Rs 2 lakh in case of death of the insured person at a nominal premium of Rs 330 per annum.

Apr 06, 2015, 20:33 PM IST

Dena 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