Public sector lender Dena Bank is planning to raise up to Rs 1,800 crore through a qualified institutional placement (QIP). The bank may raise the capital within a period of one year upon getting shareholders’ approval.
Dena Bank is engaged in providing banking services. Its services include treasury, corporate/wholesale banking, retail banking, mobile banking, phone banking, internet banking, international banking, dena automated teller machine (ATM) services and visa bill pay etc.