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dena bank news

22 years on, 3 bank officers, guarantor get 2-year jail in loan fraud case

Vijay Sawant, the then senior manager of the bank, did not take the original title deeds of the property in possession, in violation of the prescribed rules and willfully accepted only xerox copies to help Sheth. Sawant had retired and died before the CBI filed a chargesheet in the case. (Getty Images)
mumbai news
Updated on Apr 01, 2023 09:16 pm IST

Merger of Vijaya Bank and Dena Bank with Bank of Baroda to be effective from April 1

Merger of Vijaya Bank and Dena Bank with Bank of Baroda to be effective from April 1.
business
Updated on Feb 21, 2019 06:58 pm IST

Robber sets eyes on crores, settles for ₹16,700 in coins in Mumbai

Image for representation.
india news
Updated on Feb 03, 2019 12:35 pm IST

Government approves merger of three state-owned banks

People walk out from Bank of Baroda in New Delhi.
india news
Updated on Jan 02, 2019 05:52 pm IST

RBI should be allowed to take the PCA mechanism to its logical end

The banks themselves aren’t happy with PCA, though. In September, in a meeting with the finance ministry (effectively their biggest shareholder), the State-owned banks sought a relaxation in it. There have been reports that the ministry could take up the issue with Reserve Bank of India
editorials
Published on Oct 22, 2018 01:23 pm IST

Dena Bank board clears merger proposal with Bank of Baroda

The board of state-run Dena Bank Monday approved its merger with Bank of Baroda along with another state-run lender Vijaya Bank.
business
Published on Sept 24, 2018 10:40 pm IST

Merger of Bank of Baroda, Vijaya Bank and Dena Bank credit positive, says Moody’s

The combined institution would have the second largest branch network, with about 9,500 outlets nationwide, Moody’s added.
business
Published on Sept 20, 2018 04:12 pm IST

Bank of Baroda shares dip 16%, Dena Bank up by 20% after merger announcement

The government on Monday said state-owned Bank of Baroda, Vijaya Bank and Dena Bank will be merged to create the country’s third largest lender as part of efforts to revive credit and economic growth.
business
Updated on Sept 18, 2018 06:29 pm IST

Dena Bank surges 20%, Bank of Baroda tumbles 14% post merger announcement

Shares of Dena Bank surged up to 20 per cent, while Bank of Baroda tumbled nearly 14 per cent Tuesday following merger announcement.
business
Updated on Sept 18, 2018 03:50 pm IST

Bank of Baroda, Dena Bank, Vijaya Bank to be merged, create India’s third largest bank

A Bank of Baroda branch in Connaught Circus Branch in New Delhi.
business
Updated on Sept 18, 2018 10:33 am IST

Bad loan situation likely to worsen further, says RBI

The RBI said profitability of all commercial banks declined, partly reflecting increased provisioning.
business
Published on Jun 26, 2018 06:22 pm IST

Top leadership spots vacant in state banks amid $210 billion bad loan clean-up

, Dena Bank and Punjab & Sind Bank have had no CEOs since the start of this year
business
Updated on Jun 07, 2018 12:03 pm IST

Think twice before busting India’s ailing banks

On Monday, federal investigators went after Usha Ananthasubramanian, currently the head of state-run Allahabad Bank, filing formal charges over her alleged involvement in a multi-billion dollar fraud involving jeweller Nirav Modi.
business
Updated on May 17, 2018 07:22 pm IST

RBI puts Dena Bank under prompt corrective action, bars from giving fresh credit

DENA BANK
business
Updated on May 12, 2018 12:41 pm IST
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