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Latest Articles in dena bank

Financial Creditor Plea For Insolvency Doesn't Get Time Barred Even If Filed After 3 Yrs: SC

The bench said that there is no bar in law to the amendment of pleadings in an application under Section 7 of the IBC, or to the filing of additional documents, apart from those initially filed along with application under the provision of the IBC in Form-1.

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Aiming For The Skies

Total deposits of the bank soared to Rs 9,45,985 crore as on March 31, 2020, advances swelled to Rs 6,90,121 crore, net interest margin (NIM) remained stable at 2.72 per cent and operating profit touched Rs 19,691 crore.

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Dena Bank, Vijaya Bank Slump After Bank Of Baroda Announces Swap Ratios For Merger

Morgan Stanley said the swap ratio for the merger implies a discount of about 27 per cent to Dena Bank's shares and a discount of about 6 per cent to Vijaya Bank's shares against their last closing.

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India Approves Merger Of Three State-Owned Banks

Banking sector reforms are a major plank of Prime Minister Narendra Modi's government's plans to revive lending which has slowed as banks struggle with bad debt

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PSU Bank Stocks Hammered As Merger Announcement Fails To Enthuse

The merger, largely expected to reduce costs and improve banking efficiency, seems to have ruffled a feather with the market participants as the Nifty PSU Bank index lost significantly (-5.44) as compared to the broader market Nifty, which lost a just 98.85 points, or 0.87%

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India To Merge Three State-Owned Banks To Tackle Bad Loans

India plans to merge three state-owned banks, Bank of Baroda, Dena Bank and Vijaya Bank as part of efforts to tackle bad loans plaguing the banking sector and revive credit growth

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Finance Minister Arun Jaitley Announces Merger Of BoB, Dena Bank And Vijaya Bank

As a part of efforts to revive credit and economic growth, Finance Minister Arun Jaitley today said that state-owned Bank of Baroda, Vijaya Bank and Dena Bank will be merged to create India's 3rd largest lender

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RBI Puts Dena Bank Under Prompt Corrective Action

In value terms, the gross NPAs or bad loans rose to Rs 16,361.44 crore from Rs 12,618.73 crore

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