MoneyWorks4Me

Dena Bank gets nod to raise up to Rs 3045 crore

14 Feb 2018 Evaluate

Dena Bank’s board has approved the proposal for raising share capital of the bank, by way of Preferential issue of Equity shares upto an amount of Rs 3045 crore (including premium), to Government of India (Gol). The Board of directors of the company at its meeting held on February 14, 2018 has approved for the same.

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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