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.

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.

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.

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.

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.

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.

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).

Dena Bank profit up 13% at Rs 76.5 crore in Q3

The bank's net profit in the same quarter last year stood at Rs 67.8 crore.

Dena Bank plans to raise Rs 1,000 crore from bonds

The bank is planning to raise Basel-III compliant Additional Tier 1 (AT1) bonds for an amount of Rs 1,000 crore, through private placement, Dena Bank said in a statement Tuesday.

CVC red-flags board level appointments in PSBs

The Central Vigilance Commission (CVC) has red-flagged appointment process of some senior level officers in public sector banks (PSBs) and sought clarification from the Finance Ministry.

Dena Bank, OBC shares fall amid concerns over Rs 436 cr scam

Shares of Dena Bank and Oriental Bank of Commerce plunged up to 5 percent amid concerns related to a suspected scam.

Govt orders forensic audit on OBC, Dena Bank for Rs 436 cr FD scam

The government has initiated a forensic audit at the state-run Oriental Bank of Commerce and Dena Bank after unearthing of a suspected scam, wherein the lenders allegedly misappropriated funds worth Rs 436 crore from their fixed deposit customers.

CBI unearths scam of Rs 250 crore in Dena Bank

CBI alleged that Vimal Barot of Showman Group in Mumbai in connivance with then Branch Manager Pritam Vidyadhar Nagarkar and unknown private persons of seven corporate groups committed fraud of Rs 220 crore with the bank.

Dena Bank seeks Rs 1,200 cr fresh capital from govt

State-run lender Dena Bank has sought Rs 1,200 crore capital infusion from government in the current fiscal, a top bank official has said.

Dena Bank seeks Rs 1,200 cr in capital from govt in FY15

State-run lender Dena Bank has sought Rs 1,200 crore in capital from Government in FY15 on the basis of its targeted business growth.

Dena Bank Q4 profit rises 49% to Rs 187.28 crore

Dena Bank on Saturday reported a 49 percent jump in net profit to Rs 187.28 crore in the fourth quarter ended March 31.

Dena Bank to raise Rs 366 cr from LIC, GIC in preferential issue

Life insurance giant LIC will be putting in Rs 282 crore as part of the capital raising programme, while GIC will invest Rs 84 crore, the city-based lender said in a statement.

Dena Bank to open office in London this month

The bank also intends to open branches in Hong Kong, Nairobi and Johannesburg.

Dena Bank Q2 net down 55% to Rs 107 cr on higher provisions

The bank's profit after tax stood at Rs 239.64 crore in the corresponding quarter last year.

Dena Bank raises NRI deposits rates by 1%

Dena Bank Monday raised interest rates on NRI deposits of over three years by 1 percent, days after the Reserve Bank deregulated interest rates on such deposits.