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  • To replace corporate loan book with retail; aim to bring down slippages: Dena Bank

    With regards to recapitalization, the bank has worked out and submitted their requirement to the government both for the risk and growth capital, said Ashwani Kumar, Chairman & Managing Director of Dena Bank.

  • Will look to raise Rs 500 crore in near term: Dena Bank

    Will look to raise Rs 500 crore in near term: Dena Bank

    Dena Bank has posted a weak set, extending their net loss streak to 5 quarters now. Gross non-performing assets (NPAs) at over 17 percent remain a big worry and loan book too has declined by nearly 8 percent. In an interview to CNBC-TV18, Ashwani Kumar, CMD of Dena Bank spoke about the results and his outlook for the company.

  • Rs 400-500 cr worth accounts cause for trouble in FY17:Dena Bank

    Rs 400-500 cr worth accounts cause for trouble in FY17:Dena Bank

    The bank's total restructured books currently stand at around Rs 7900 crore out of which 27 percent slipped in the last year.

  • See capital to risk assets ratio @ 11.5% by Mar 31: Dena Bk

    See capital to risk assets ratio @ 11.5% by Mar 31: Dena Bk

    Dena Bank CMD Ashwani Kumar hopes that with credit growth and uptick in the market, the bank will be able to have a CRAR of about 11.5 percent by March 31

  • Larger banks too will feel heat of payment bks: AK Purwar

    Larger banks too will feel heat of payment bks: AK Purwar

    Former chairman of State Bank of India AK Purwar says even larger banks will start feeling the heat and pinch of this, not just midcap and small banks. In a neck and neck competition, he says: “It will become a question of survival of the fittest.”

  • Discoms loan at Rs 7k cr; Rs 3.3k cr restructured: Dena Bk

    Discoms loan at Rs 7k cr; Rs 3.3k cr restructured: Dena Bk

    Dena Bank's exposure to discoms stands at around Rs 7000 crore of which Rs 3300 crore of debt has been restructured, says chairman and managing director Ashwani Kumar.

  • Dena Bank says base rate cut may impact NIM slightly

    Dena Bank says base rate cut may impact NIM slightly

    In an interview with CNBC-TV18, Ashwani Kumar, CMD, Dena Bank said that bank expects NIMs to be impacted by the recent rate cut.

  • Banks must set deficiencies right to check frauds: BoI

    Banks must set deficiencies right to check frauds: BoI

    In an interview to CNBC-TV18, VR Iyer, CMD, Bank of India, said that in the wake of rising instances of bad loans and frauds coming to light, the finance ministry has written to all banks asking them to be cautious.

  • Dena Bank eyes 15-16% growth in FY14; sees NIM at 2.75-3%

    Dena Bank eyes 15-16% growth in FY14; sees NIM at 2.75-3%

    On credit growth side Dena Bank is targeting a growth of around 15-16 percent for FY14. They would mainly focus on retail and small medium enterprise (SME) lending to achieve this growth.

  • Expect loan growth of around 20% by March: Dena bank

    Expect loan growth of around 20% by March: Dena bank

    "We have total restructured book of Rs 4,800 crore out of which Rs 2,036 crore is of state electricity boards, which is government guaranteed, so, 43 percent of our portfolio is government guaranteed," said Ashwani Kumar, CMD, Dena Bank in an interview to CNBC-TV18.

  • To maintain net interest margin at around 3%: Dena Bank

    To maintain net interest margin at around 3%: Dena Bank

    In an interview to CNBC-TV18, Nupur Mitra, chairman and managing director of Dena Bank says Q2 net interest margin (NIM) was at 2.86 percent. "We will be maintaining NIM of around 3 percent," she adds.

  • No more accounts in pipeline for restructuring: Dena Bank

    No more accounts in pipeline for restructuring: Dena Bank

    Chairperson and MD of Dena Bank Nupur Mitra tells CNBC-TV18 that they have no more accounts in the pipeline for restructuring.

  • Expect to maintain margins at around 3% in FY12: Dena Bank

    Expect to maintain margins at around 3% in FY12: Dena Bank

    Maintaining a net interest margin of 3.22%, DL Rawal, the chairman and managing director of Dena Bank said the bank is likely to sustain the 3% NIMs for FY12.

  • Dena Bank sees NIMs at 3% in FY12, aims 30% credit growth

    Dena Bank sees NIMs at 3% in FY12, aims 30% credit growth

    State-owned lender Dena Bank recently announced its first quarter results for FY12 witnessing a jump in its net profit on a year-on-year basis. The bank registered net interest margin (NIMs) of 2.90% this quarter, and chairman and managing director DL Rawal is confident that the NIMs will stay at 3% by the end of March 2012.

  • Dena Bank expects CASA, credit growth at 25% in FY12

    Dena Bank expects CASA, credit growth at 25% in FY12

    In an interview with CNBC-TV18, DL Rawal, chairman and managing director of Dena Bank, spoke about the latest happenings in his bank and the road ahead.

  • Expect 25% growth in the current fiscal: Dena Bank

    Expect 25% growth in the current fiscal: Dena Bank

    In an interview with CNBC-TV18, DL Raval, Chairman of Dena Bank spoke about the latest happenings in his company and sector.

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