November 22, 2024 06:43 (IST)
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Mumbai,June 16 (IBNS) Dena Bank on Friday reduced interest rates on home loans above Rs 30.00 Lakh to Rs 75 Lakh by 5 basis points and for loans above Rs 75 Lakh by 10 basis points.
Dena Bank was founded on May 26, 1938 by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd.
It became a Public Ltd. Company in December 1939 and later the name was changed to Dena Bank Ltd. Dena Bank is amongst the first nationalised banks to enter equity market in November 1996.
Image: Dena Bank Twitter page
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