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LIC to pick 5 pct stake in Dena Bank

Source : REUTERS
Last Updated: Mon, Feb 06, 2012 15:26 hrs
​Indian Banking Scandal

State-run Dena Bank Ltd.'s board has approved a preferential allotment of shares to Life Insurance Corp., a top official of the lender said.

Rs 17 crore: The jackpot in India Inc's salary sweepstakes

Life Insurance Corp. will hold 5 percent stake in Dena Bank post allotment, Sudhir Kumar Jain, general manager treasury, Dena Bank said on Monday.

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