Dena Bank’s board will be considering amalgamation with Vijaya Bank and Bank of Baroda. The bank has received a communication from Ministry of Finance, Government of India (GOI) that the Alternative Mechanism (AM) after consultation with Reserve Bank of India (RBI), has decided that Dena Bank, Bank of Baroda and Vijaya Bank may consider amalgamation of the three Banks.
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.
