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Bank fraud, SBI, CBI, IDBI bank, Indian Overseas Bank

Bank fraud! CBI files chargesheet against 24 accused for alleged loss of over Rs 297 crore to variou

Business | December 29, 2020 21:31 IST

The Central Bureau of Investigation (CBI) has today filed a chargesheet before Special Judge for CBI cases, Mumbai against 24 accused including a private company based at Mumbai, its director, Chartered Accountant, then officials of Indian Overseas Bank, Directors/proprietor of associated companies/firms etc for causing an alleged loss of Rs 297.80 crore (approx) to the bank.

Vijaya Bank, Dena bank removed from second schedule of RBI Act

Business | November 28, 2019 18:08 IST

The public sector lenders were merged into Bank of Baroda at the beginning of the current financial year and, hence, ceased to operate as banking companies separately.

Vijaya-Dena bank merger with Bank of Baroda comes into effect from today

Business | April 01, 2019 7:27 IST

Post the merger, Bank of Baroda would be the third largest bank in the country.

Branches of Vijaya, Dena Bank to function as BoB outlets

Branches of Vijaya, Dena Bank to function as Bank of Baroda outlets from Monday: RBI

India | March 30, 2019 21:40 IST

Branches of Vijaya Bank and Dena Bank will function as Bank of Baroda outlets from April 1, following amalgamation of the two lenders with the latter, the RBI said Saturday.

Day after merger, shares of Dena Bank, Vijaya Bank tank; Bank of Baroda gains

Business | January 03, 2019 13:25 IST

The scrip of Dena Bank plummeted 19.77 per cent to Rs 14.40 on BSE. Shares of Vijaya Bank plunged 7.44 per cent to Rs 47.25.

Cabinet gives nod for merging Dena Bank, Vijaya Bank with Bank of Baroda

Business | January 02, 2019 18:49 IST

Briefing reporters following the cabinet meeting, Law Minister Ravi Shankar Prasad said the merger will make the "transferee" Bank of Baroda the third largest bank in the country and a "globally competitive entity".

Bank strike on Wednesday, services to be affected

India | December 25, 2018 18:09 IST

Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

FinMin's Alternative Mechanism gives nod for BoB, Dena, Vijaya Bank merger

Business | December 21, 2018 18:02 IST

Bank of Baroda is the transferee bank, while Vijaya Bank and Dena Bank are the transferor banks in the amalgamation process, it added.

Dena Bank board okays merger with Bank of Baroda, Vijaya Bank

Business | September 24, 2018 22:38 IST

The government last Monday announced the merger of three state-run banks -- Dena Bank, Vijaya Bank and Bank of Baroda -- that will make it the country's third-largest bank with a combined business of Rs 14.82 lakh crore.

Dena Bank shares surges 20%, Bank of Baroda tumbles 16% post merger announcement

Business | September 18, 2018 19:18 IST

The scrip of Bank of Baroda dived 16.03 per cent to end at Rs 113.45 on BSE. Shares of Vijaya Bank plunged 5.69 per cent to close at Rs 56.40.

Finance Minister Arun Jaitley speaks during a press

Bank of Baroda, Vijaya Bank, Dena Bank merger announced by Modi Govt; Industry body gives thumbs up

Business | September 17, 2018 23:31 IST

Industry body Ficci termed the government's decision to merge three state-owned banks as a progressive move, noting that it signifies the government's commitment to strengthen the banking sector.

Dena Bank slips in red with Rs 380 crore loss in Q3

Business | February 14, 2018 23:52 IST

Dena Bank had posted a profit of Rs 35.3 crore in the same quarter last year.

Dena Bank attaches property of Hardik Patel's aide

India | September 08, 2015 23:41 IST

Rajkot: A local branch of the state-run Dena Bank today attached a cotton ginning mill co-owned by Dinesh Bambhaniya (Patel), a close aide of Hardik Patel who is leading Patel quota agitation, for not repaying

CBI files chargesheet in Rs.220 crore Dena Bank fraud

India | June 30, 2015 17:49 IST

Mumbai: The CBI filed a chargesheet against a former Dena Bank official, a top company official and two others for defrauding the bank to the tune of Rs.220 crore (Rs.2.20 billion) last year, an official

Dena Bank revises interest rates on fixed deposits

February 02, 2015 22:35 IST

Mumbai: State-run lender Dena Bank today hiked interest rates on fixed deposits in various time buckets with immediate effect.For retail term deposits in 7-45 days maturities interest rates have been increased by 100-175 points, the

Dena Bank hikes interest rates on FNCR deposits

January 02, 2015 16:43 IST

New Delhi: Dena Bank has increased interest rates on foreign currency non-resident (bank) deposit (FCNR-B) in various range for maturities of one year to five years.“Dena Bank increases interest rates on FCNR (B)/RFC term deposit

Man trapped inside Dena Bank ATM for 3 hours in Delhi

India | December 13, 2014 16:20 IST

New Delhi: A driver Nandu Kumar Ram worked the whole day on an empty stomach on Friday, and at night he went to a Dena Bank ATM in South Delhi's posh Safdarjang Enclave to withdraw

When Dena Bank chased Modi to close his account

August 29, 2014 8:38 IST

New Delhi: Prime Minister Narendra Modi Thursday recounted a personal anecdote at the function to launch the Pradhan Mantri Jan Dhan Yojana and narrated how officials of Dena Bank chased him to close his account,

State schemes will be linked to Jan Dhan Yojna: Gujarat CM

India | August 28, 2014 23:15 IST

Gandhinagar: For better transparency and effective implementation of state-run schems, the Gujarat government will integrate them with Pradhan Mantri Jan Dhan Yojna (PMJDY), Chief Minister Anandi Patel said today. “State government gives cash benefits under

Dena Bank Net tanks 57 pc as bad loans soar

August 09, 2014 22:55 IST

Mumbai: State-run Dena Bank today reported a 57 per cent drop in its net profit at Rs 81.52 crore in the June quarter due to rise in non-performing assets. The net profit of the company

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