Dena Bank is expecting to get capital infusion of Rs 1,260 crore from
the government in two tranches. The bank has set a target to grow by
23%-24% in 2013-14. It expects 25% growth in credit and 22% increase in
advances in the current fiscal. The Mumbai-headquartered bank’s capital
adequacy ratio (CAR) stood at 11.47 per cent with tier-1 capital of
7.61 per cent. However, in the September quarter its CAR was 12.05 with
the tier-1 capital of 8.1 per cent.Get Free MCX Tips, Stock Tips, Forex Tips & NCDEX Tips,Commodity Tips, Share Tips, commodity tips free trial, nifty free tips, commodity trading tips, shares tips, Share Market Tips, Stock Market Tips, free stock tips on mobile, Stock trading tips, Intraday Tips.
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