The government has initiated a forensic audit at the state-run Oriental Bank of Commerce and Dena Bank after unearthing of a suspected scam, wherein the lenders allegedly misappropriated funds......
RBI may be inclined to impose severe restrictions on lending in the coming quarters. Illustration: Uttam Ghosh/Rediff.com The Reserve Bank of India (RBI) may hand out diktats similar to the one......
Public sector lenders Dena Bank and UCO Bank on Tuesday ruled out their merger with market leader State Bank of India. "It is totally baseless. It seems to be some rumour," UCO Bank chairman and......
Dena Bank will expand its officer/managerial cadre by nearly 17 per cent in the next one year. The board has approved a plan to recruit 500 officers and managers to fill up vacancies created by......
IDBI has increased the interest rate on Non-Resident External and Foreign Currency Non-Resident fixed deposit for various maturities with effect from November 1, 2005. The interest rate on one-year......