The bank intends to fulfil its obligation of meeting 25 per cent of its branches in rural and unbanked areas from the next fiscal.

Dena Bank will work out a loan restructuring package for small and medium enterprises, the lifeline of the mid-sized state-run lender.

Bank managements, according to him, should be happy with a 3% margin - a suggestion that has not gone down too well with bankers.

Dena Bank expects to achieve a total business of Rs 1.5 lakh crore by the end of this fiscal on the back of sound growth.

On Monday, Vijayalakshmi Iyer was named the chairperson of Bank of India. Before this, Shubhalakshmi Panse was appointed chairperson of All...

Succession planning is something that investors keep an eye on to assess management competency and preparedness to deliver future returns.

Dena Bank told it would not hesitate to raise deposit rates if funds were needed for credit growth amid high commodity prices.

"We are looking at credit growth of 20-25 per cent during the current fiscal," Dena Bank Chairperson and Managing Director Nupur Mitra said

Dena Bank chairperson and MD expressed concerns over farm credit growth due to the delay in monsoon and absence of irrigation facilities in...

Subbarao had not heeded mkts when they wanted a cut, but has proved munificent on occasions when the mkts least expected it.

Banks have not responded to CRR cut. They have refrained from lowering rates on the ground that they have to meet year-end targets.

Dena Bank has announced a 5% dilution of equity in favour of Life Insurance Corporation by way of allotment of preferential shares.

Dena Bank profits rose 20% to Rs 186.6 crore in third quarter ending December 2011 and it announced dilution of equity in favour of Life In...

In a first, the government is expected to appoint three women chiefs of public sector banks (PSBs), helping the state-owned entities match ...

The mid-size public sector lender Dena Bank seeks to grow its balance sheet to ensure that it is not gobbled up by bigger banks.

Public sector Indian Overseas Bank said it will be raising up to Rs 3,500 crore in core tier-I capital over the next three years to fund ex...

The banking industry is gearing itself to tap the huge household savings as well as huge business opportunity under the financial inclusion...