dena bank
Merger of 3 banks: Danger lies ahead
The merger will create India’s third largest bank, with total business worth Rs 14.82 lakh crores.
Fingers crossed over next wave of bank mergers
Currently there are nine banks still placed under the prompt corrective action (PCA) framework of the RBI.
Dena Bank surges 20 pc; BoB tumbles 14 pc post merger announcement
Shares of Bank of Baroda dived 13.76 per cent to Rs 116.50 and Vijaya Bank lost 2.59 per cent to Rs 58.25.
Merger of BoB, Vijaya, Dena Bank to improve efficiency, governance: Moody's
The merged entity will have a market share of about 6.8 per cent by loans, according to data as of March 2018.
Vijaya, Dena, Bank of Baroda in 3-way bank merger
Merged entity will be 3rd largest bank after SBI and PNB in terms of size, deposits and will continue to receive capital support from govt.
Dena Bank, Vijaya Bank and Bank of Baroda to be merged, says govt
The merged entity will have a combined business of Rs 14.82 lakh crores, with 10,000 branches and around 85,000 employees.
Dena Bank widens Q4 net loss at Rs 1225 cr as bad assets soar
For the entire fiscal, 2017-18, the bank has posted a net loss of Rs 1,923.15 crore.
135 shops sealed in South Delhi market
The two banks- SBI and Dena Bank were given few days to wind up their operation.
Dena Bank cuts MCLR lending rate by up to 20 bps
The loans with 3 and 6 month and 1 year tenors will have a reduced MCLR by 0.15 per cent.
Dena Bank cuts savings rate by 0.5 per cent
For deposits above Rs 25 lakh interest rate will remain unchanged at 4 per cent per annum.