Home Business RBI directs Dena Bank to stop lending – hire new personnel

RBI directs Dena Bank to stop lending – hire new personnel

By
Lucky Jain
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568
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(G.N.S) Dt. 12 New Delhi The Reserve Bank of India has ordered Dena Bank Ltd. not to issue any fresh loans and hire any new personnel. Reserve Bank has initiated prompt corrective action against public sector lender Dena Bank in view of high non-performing loans, restricting the bank from giving

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