The bank announced a qualified institutional placement (QIP) to raise up to Rs 400 crore from institutional investors.

Dena's net NPAs have deteriorated sharply from 3.80% in March 2015 from 11.20% in June 2017.

Chennai-based Indian Bank is leading the race to launch the QIP and has hired four investment banks.

About 6-7 lenders expect to close their capital raising plan by the end of the current fiscal.

The bank's net interest margins improved to 2.44 per cent in the first quarter from 2.02 per cent on a decrease in cost of deposit and incr...

Dena bank will place the proposal to "create, offer and allot equity shares up to Rs 1,800 crore at such an issue price to be determined by...

Aban Offshore, J Kumar Infra & Idea only stocks still trading at a premium, rest have been beaten down on worries over rising US interest r...

Banks say they want to gauge market conditions as well as investor appetite post-elections before raising funds through the QIP route.

Weak performance of the banking stocks is forcing public sector lenders to defer their plans to raise money through QIP route to the next f...

"We had planned for the QIP, but market conditions are not very conducive for it at the moment," Dena Bank Chairman and MD Ashwani Kumar sa...

Apart from SBI and IDBI Bank, Indian Overseas Bank, Dena Bank and Allahabad Bank have also evinced interest in raising funds through QIP.

Government today infused Rs 700 crore and Rs 400 crore in Dena Bank and Allahabad Bank respectively through preferential share allotment ro...

The demand from the corporates have been slow, he said, adding that the bank is expecting demand pick-up from retail, agriculture, exports.

The Finance Ministry had last month cleared the Rs 14,000 crore capital infusion plan for the public sector banks to improve their capital ...

We expect to be in profitability from the first quarter of the next fiscal and we also believe that the worst phase is over for us.

The govt plans to allow three public sector banks - United Bank of India, Dena Bank and Bank of Maharashtra - to tap markets to boost their...

The government has given public sector banks permission to raise money through qualified institutional placements (QIPs) and preferential a...