TheNewsClues
Clues by Admin • 3 Oct 2018, Wednesday
Days after the government announced the merger of state-run Bank of Baroda, Vijaya Bank and Dena Bank, the boards of BoB and Vijaya Bank on Saturday gave in-principle approvals for their amalgamation with Dena Bank a move that would create ... Continue Reading
Read More at The Economic Times
Clues by Admin • 23 Aug 2018, Thursday
A group of lenders, including Bank of India, State Bank of India (SBI), Allahabad Bank and Dena Bank, is planning to jointly dispose of distressed loans amounting to over Rs 7,300 crore in the first half of September. Bank of India ... Continue Reading
Read More at The Economic Times
Clues by Admin • 12 May 2018, Saturday
The Reserve Bank of India (RBI) has initiated Prompt Corrective Action (PCA) against Dena Bank in view of high non-performing assets (NPAs), restricting the bank from giving new loans and new hiring. Dena Bank reported a widening loss of Rs 1225.42 ... Continue Reading
Read More at Livemint
Clues by Admin • 23 Mar 2018, Friday
The finance ministry clarified that there is no plan for merger of four public sector banks including Canara Bak and Dena Bank. The other two PSBs are Syndicate Bank and Vijaya Bank. Last year, five associates and the Bharatiya Mahila ... Continue Reading
Read More at Livemint
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