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INDIA DENA BANK
Branches of Vijaya, Dena Bank to function as BoB outlets from Monday: RBIThe merger of Vijaya Bank and Dena Bank with Bank of Baroda, will be effective from April 1, 2019.- Cabinet approves the merger of Vijaya Bank & Dena Bank with Bank of BarodaDena Bank's shareholders will receive 110 equity shares of BoB of face value Rs 2 for every 1,000 shares they held.
- Dena Bank shares take a U-turn, slide over 5%The merger will increase the business size of the merged entity to Rs 14 lakh crore
- Bank merger: How government worked out the marriageWhen a merger was proposed, BoB declined it. So, the govt sweetened the offer by adding a top performing bank.
- Dena Bank plunges 12% as RBI bars bank from fresh lending, hiringThe RBI has initiated prompt corrective action (PCA) for Dena Bank and imposed certain restrictions.
- Three PSU banks await new bossesThe government is yet to announce new chiefs for Dena Bank, Andhra Bank and Punjab and Sind Bank
- Dena Bank, Andhra Bank, P&S Bank are headless from Jan 1Dena Bank, Andhra Bank and Punjab & Sind Bank have remained in the dark since January 1, as the govt is yet to find a face to lead the fina...
- Dena Bank to offer cheapest home loan at 8.25 pcThe 'Dena Retail Loan Carnival' will offer loans in the range of 8.25 per cent - 9 per cent from November 16, 2017 to December 31, 2017.
- Vijaya Bank, Dena Bank eye mergerVijaya Bank and Dena Bank are said to be discussing synergies and the boards of both banks are discussing pros and cons of such a move.
- Dena Bank cuts savings rate by 0.5% on deposits up to Rs 25 lakhWith this, Dena Bank has joined a host of peer banks after the industry leader SBI started paying less on certain savings deposits.
- Dena Bank Q1 loss narrows to Rs 132.65 croreThe 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...
- No merger talks with Union Bank: Dena Bank CMDDena Bank mopped up Rs 20,400 crore post-demonetisation and withdrawal was Rs 9000-10,000 crore.
- P Chidambaram wants greater penetration in the non-life insurance sectorFinance Minister P Chidambaram today said there is a need to increase penetration and coverage of non-life insurance in the country.
- Dena Bank pays Rs 42.54 crore dividend to governmentDena Bank has paid a dividend of Rs 42.54 crore to the government for the 2010-11 financial year.The amount represents a 22% dividend.
- Bullish on Bank of India, Dena Bank: Mayank ShahThese are the two banks in the PSU where there is a lot of value yet to be made.
- Positive on Dena Bank and Bank of India: Avinash Gorakshekar, Anagram Capital LtdAvinash Gorakshekar, Head of Research, Anagram Capital Ltd, in a chat with ET Now talks about PSU banking stocks.
- Govt to allow three PSBs to tap marketThe govt plans to allow three public sector banks - United Bank of India, Dena Bank and Bank of Maharashtra - to tap markets to boost their...
- SBI MF to tap Dena Bank's infrastructure for growthSBI Mutual Fund has entered into a tie-up with public sector Dena Bank for greater reach in the category of mutual fund investors.
- Sharad Pawar holds key to Canara Bank, Dena mergerUnion agriculture minister Sharad Pawar may play a spoilsport in the Canara Bank-Dena Bank merger. Sources feel that Mr Pawar may want to p...
- Canara Bank seen in race to buy Dena BankThe buzz over banking consolidation is back with reports in a business news channel that Bangalore-based Canara Bank is looking at acquirin...
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