Dena Bank is reportedly planning to sell shares to institutions to raise between Rs 275 crore ($42 million) and Rs 425 crore ($65 million). The share sale will help improve capital adequacy ratio.
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.