Dena Bank

RBI reshuffles lead bank responsibilities post banks merger

Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda has been notified on January 2, 2019.

Apr 02, 2019, 11:11 AM IST

Bank of Baroda becomes second largest PSU bank after SBI

BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.

Apr 01, 2019, 13:20 PM IST

India needs fewer and mega banks: Jaitley

In September 2018, the Alternative Mechanism, headed by Jaitley, gave in-principle approval for the merger of the three banks to create a global-sized lender.

Feb 18, 2019, 16:05 PM IST

Morning Breaking: Cabinet approves merger of Vijaya Bank, Dena Bank & Bank Of Baroda

The Cabinet Committee on Economic Affairs (CCEA) has approved the merger of state-run Vijaya Bank, Bank of Baroda and Dena Bank. This marks the first-ever three-way merger in the country's banking sector.

Jan 03, 2019, 08:36 AM IST

Deshhit: Watch detailed analysis of all the major news of the day, January 02nd, 2019

This segment of Zee News brings detailed news stories of the day. Watch this video to know top stories of January 02, 2019.

Jan 02, 2019, 21:10 PM IST

Deshhit: Know top 20 deshhit news of today

This segment of Zee News brings to you top 20 news stories of the day. Watch this video for more information.

Jan 02, 2019, 20:24 PM IST

Bankers threaten nationwide strike on December 26 to protest merger of banks

The government had in September approved the merger of three public sector lenders - Bank of Baroda, Dena Bank and Vijaya Bank. 

Dec 01, 2018, 16:06 PM IST

Dena Bank expects valuation report for amalgamation in 4-5 weeks

The government has proposed the merger of Bank of Baroda, Vijaya Bank and Dena Bank, and the new entity will be the second largest lender after SBI, with 9,000 branches.

Nov 15, 2018, 13:17 PM IST

BoB-Vijaya-Dena Bank merger plan shows govt willingness to pursue sector reform: Fitch

The boards of each bank will meet to give a go-ahead to the proposed merger.

Sep 28, 2018, 11:11 AM IST

BoB, Vijaya Bank, Dena Bank merger may cause short-term spurt in bad assets: Report

Slippages may increase in the short-term as recognition of non-performing assets is harmonised and accelerated, India Ratings said in a note.

Sep 20, 2018, 18:17 PM IST

Dena Bank closes 20% up; BoB tumbles 16%, Vijay Bank drops nearly 6% post merger announcement

Post this merger, the number of PSU banks will come down to 19.

Sep 18, 2018, 16:31 PM IST

Merger of BoB, Vijaya, Dena Bank to improve efficiency, governance: Moody's

The government Monday proposed the merger of the three state-owned banks to create the country's third largest lender as part of efforts to revive credit and economic growth.

Sep 18, 2018, 12:10 PM IST

Dena Bank, Vijaya Bank and Bank of Baroda to be merged

The announcement comes from Financial Services Secretary Rajiv Kumar during a press conference with FM Arun Jaitley on the status of the country's economy.

Sep 17, 2018, 18:48 PM IST

Dena Bank has shifted its focus on Recovery of the loans: Ramesh Singh

Dena bank will be raising Rs 500 crore by selling its non-core assets.

Aug 24, 2018, 18:33 PM IST

Govt appoints non-executive chairpersons at 3 PSBs

Public sector banks (PSBs) have been plagued by mounting bad loans and massive losses. Several scams, including the USD 2 billion fraud at PNB, too have been unearthed in banks.

May 24, 2018, 17:19 PM IST

Dena Bank to offer cheapest home loan at 8.25%

The 'Dena Retail Loan Carnival' will offer loans in the range of 8.25 percent - 9 percent from November 16, 2017 to December 31, 2017.

Nov 15, 2017, 22:38 PM IST

Govt appoints executive directors in 9 public sector banks

Bajrang Singh Shekhawat has been appointed executive director of Central Bank of India.

Oct 10, 2017, 14:53 PM IST

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