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Dena Bank to sell shares to institutions: Report

11 Oct 2017 Evaluate

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.

 

Peers
Company Name CMP
State Bank Of India 985.60
PNB 117.70
Bank Of Baroda 234.40
Canara Bank 124.70
Union Bank Of India 177.90
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