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Dena Bank

Anjali Bansal named president of Bombay Chambers of Commerce

Bansal will take over from Sudhir Kapadia

Anjali Bansal named president of Bombay Chambers of Commerce
Updated On : 29 Aug 2021 | 11:51 PM IST

How the PSU bank merger that comes into force on April 1 will impact you

PSU Bank merger: You'll have to take stock of your cheque books, passbooks, IFCS, ECS mandates and other things once you start dealing with the new entity

How the PSU bank merger that comes into force on April 1 will impact you
Updated On : 28 Mar 2021 | 8:15 PM IST

Bank of Baroda concludes three-way amalgamation with Dena, Vijaya banks

All customers will now have access to the bank's digital channels

Bank of Baroda concludes three-way amalgamation with Dena, Vijaya banks
Updated On : 20 Dec 2020 | 4:36 PM IST

BoB posts pre-tax loss of Rs 1,723 crore in Q4; stock ends 2.13% higher

The bank posted a net profit of Rs 506.5 crore in Q4FY20 compared to net loss of Rs 991.3 crore in Q4FY19.

BoB posts pre-tax loss of Rs 1,723 crore in Q4; stock ends 2.13% higher
Updated On : 24 Jun 2020 | 12:31 AM IST

Statsguru: How PSBs deal with integration in a challenging biz environment

The RBI in December 2019 noted that private sector banks accounted for 69 per cent of incremental loans in 2018-19

Statsguru: How PSBs deal with integration in a challenging biz environment
Updated On : 09 Mar 2020 | 1:19 AM IST

Moody's downgrades BoB's baseline credit assessment on asset quality issues

Agency also cites deteriorating operating environment for decision; affirms lender's domestic and foreign bank deposit ratings

Moody's downgrades BoB's baseline credit assessment on asset quality issues
Updated On : 05 Mar 2020 | 1:26 AM IST

BoB directors to finalise plans to raise capital at Jan 8 meeting

CRISIL believes BoB will be able to maintain adequate capitalisation over the medium term, backed by capital support from the Union government

BoB directors to finalise plans to raise capital at Jan 8 meeting
Updated On : 04 Jan 2020 | 9:31 PM IST

Fitch affirms Bank of Baroda's IDR at 'BBB-'; VR off rating watch negative

The lender's performance is likely to stay subdued on weak economy, NBFC stress

Fitch affirms Bank of Baroda's IDR at 'BBB-'; VR off rating watch negative
Updated On : 17 Dec 2019 | 5:01 PM IST

Bank of Baroda seeks to sell Dena Bank headquarter in BKC for Rs 530 cr

Dena Bank and Vijaya Bank got amalgamated with Bank of Baroda from this April

Bank of Baroda seeks to sell Dena Bank headquarter in BKC for Rs 530 cr
Updated On : 12 Sep 2019 | 5:49 PM IST

NextGen PSBs: Govt unveils mega bank mergers to revive economic growth

10 banks to be merged into 4; Indian Bank & Allahabad to be one

NextGen PSBs: Govt unveils mega bank mergers to revive economic growth
Updated On : 31 Aug 2019 | 1:50 AM IST

Amalgamating 10 govt banks into 4 entities in mega consolidation move: FM

After today's mergers, the count of government-owned banks will come down to 12 from 27 in 2017

Amalgamating 10 govt banks into 4 entities in mega consolidation move: FM
Updated On : 30 Aug 2019 | 6:48 PM IST

Public sector banks merger: Modi govt to announce big bang plan soon

Finance ministry has called a meeting with chief executives of ten public sector banks on Friday

Public sector banks merger: Modi govt to announce big bang plan soon
Updated On : 30 Aug 2019 | 4:54 PM IST

Former Dena Bank MD Karnam Sekar appointed as IOB's new MD & CEO

He will take over from R Subramaniakumar, who was instrumental in taking measures to turn around the bank

Former Dena Bank MD Karnam Sekar appointed as IOB's new MD & CEO
Updated On : 24 Apr 2019 | 8:48 PM IST

India to get second largest PSB as Dena, Vijaya to merge with BoB today

The interoperability of the key banking services across all branches would be introduced by the end of April

India to get second largest PSB as Dena, Vijaya to merge with BoB today
Updated On : 01 Apr 2019 | 12:59 AM IST

Dena Bank Q2 loss widens over two-fold to Rs 4 bn; net NPAs rise to 11%

The bank said the board of directors in its meeting held on September 24 recommended for the amalgamation of Dena Bank with Bank of Baroda and Vijaya Bank

Dena Bank Q2 loss widens over two-fold to Rs 4 bn; net NPAs rise to 11%
Updated On : 30 Oct 2018 | 6:02 PM IST

Dena Bank's net loss widens to Rs 7.21 bn in Q1 on rise in NPA provisions

The provisioning coverage for bad assets in the June quarter also increased to Rs 12.44 billion

Dena Bank's net loss widens to Rs 7.21 bn in Q1 on rise in NPA provisions
Updated On : 06 Aug 2018 | 11:54 PM IST

After Dena Bank, more PSBs may be told to stop fresh lending

Apart from Dena Bank, the credit and financial profiles of Bank of Maharashtra, Oriental Bank of Commerce, Allahabad Bank and UCO Bank are in bad shape - all these are under PCA

After Dena Bank, more PSBs may be told to stop fresh lending
Updated On : 14 May 2018 | 7:44 AM IST

Dena Bank will request RBI to modify lending ban order

Senior Dena executives said the new order would have a severe impact on lending and revenue

Dena Bank will request RBI to modify lending ban order
Updated On : 14 May 2018 | 2:03 AM IST

After Dena Bank, RBI may put restrictions on 2 more lenders under PCA

Already, there are 11 banks, out of 21 state-owned banks, under the PCA of the Reserve Bank because of their weak financials

After Dena Bank, RBI may put restrictions on 2 more lenders under PCA
Updated On : 13 May 2018 | 8:20 PM IST

RBI tells Dena Bank to stop lending, puts it under prompt corrective action

The bank's loss widened from Rs 3.8 billion in December quarter of 2017-18

RBI tells Dena Bank to stop lending, puts it under prompt corrective action
Updated On : 12 May 2018 | 11:49 AM IST