Dena Bank has informed BSE that in exercise of the powers conferred by sub-section (2A) of Section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, the Government of India, in consultation with the Reserve Bank of India has increased the Authorised Capital of the Bank from Rs. 1500 crores (Rupees One thousand five hundred crores) to Rs. 3000 crores (Rupees Three thousand crores). The notification to this effect had been issued by Government of India vide Notification dated November 10, 2009 which is published in the Gazette of India: Part II Sec. 3, sub-sec. (ii) on November 21, 2009 vide S. O. No. 3123 and 3124.
Source: BSECourtesy moneycontrol.com
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