Dena Bank

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.

Aug 20, 2014, 16:22 PM IST

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.

Jul 18, 2014, 21:13 PM IST

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.

Jul 06, 2014, 18:07 PM IST

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.

May 11, 2014, 22:23 PM IST

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.

May 10, 2014, 16:50 PM IST

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.

Mar 25, 2014, 14:14 PM IST

Dena Bank to open office in London this month

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

Dec 08, 2013, 12:22 PM IST

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.

Nov 09, 2013, 21:42 PM IST

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.

Aug 19, 2013, 21:57 PM IST

Dena Bank seeks Rs 2,000 cr capital as tier-I falls below 8%

"We have requested for Rs 2,000 crore capital infusion from the government to support future loan growth. We hope that it may come in two tranches," Chairman and Managing Director of Dena Bank, Ashwani Kumar said here.

Jul 28, 2013, 14:23 PM IST

Dena Bank Q1 net down 21% at Rs 189 crore

State-owned Dena Bank on Saturday reported 21 percent decline in net profit at Rs 189.20 crore for the first quarter ended June, 2013.

Jul 27, 2013, 14:33 PM IST

Dena Bank net profit halves to Rs 125.67 crore in Jan-Mar quarter

Total income during the year rose to Rs 9,554.85 crore from Rs 7,376.30 crore.

May 11, 2013, 19:25 PM IST

Dena Bank aims 25% growth in 2013-14

State-run Dena Bank is targeting a growth rate of 25 percent in its total business during the current financial year, a top official said on Saturday.

Apr 13, 2013, 16:26 PM IST

Dena Bank, Union Bank cut lending rate by up to 0.25%

Dena Bank and Union Bank of India Friday reduced benchmark lending rate by up to 0.25 percent, making loans including home and corporate cheaper for borrowers.

Feb 08, 2013, 20:52 PM IST

Dena Bank Q3 profit up 10.6% at Rs 206 cr

The public-sector bank had a net profit of Rs 186.68 crore in the October-December quarter of 2011-12 fiscal.

Jan 30, 2013, 19:16 PM IST

Dena Bank targets 3.10% NIM by March

"We are targeting to increase the Casa deposits share to 33 percent by March from the current 31 percent. That will take the NIM up to 3.10 percent," newly-appointed Chairman and Managing Director Ashwani Kumar said.

Jan 20, 2013, 14:36 PM IST

No negative surprises in Dec earnings: Dena Bank chief

Dena Bank's newly-appointed head Ashwani Kumar Tuesday said investors should not look forward to any negative surprises in its forthcoming results due to the leadership change at the bank.

Jan 15, 2013, 17:40 PM IST

Ashwani Kumar takes over as CMD of Dena Bank

Public sector lender Dena Bank Tuesday said Ashwani Kumar has taken over as Chairman and Managing Director of the bank from January 1 for a period of 5 years.

Jan 01, 2013, 23:58 PM IST

Dena Bank hikes term deposit rates by 35 bps on 1-2 yr tenor

The new rates are effective from December 22, a bank release said.

Dec 24, 2012, 19:28 PM IST

Dena Bank scraps processing fee on home, auto loans till Dec31

State-run Dena Bank has scrapped processing fee for housing and auto loans for a limited period till month-end.

Dec 04, 2012, 16:47 PM IST