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Dena Bank Q4 Net Profit Declines 70% to Rs 56 Crore

New Delhi: State-owned Dena Bank today reported 70 per cent decline in net profit for the fourth quarter ended March 31 at Rs 55.82 crore as the bank set aside a substantial amount towards wage revision and unhedged foreign currency exposure.   The bank had posted a net profit of Rs 187.28 crore in the corresponding January-March quarter of 2013-14.   Total income during the quarter rose to Rs 2,907.69 crore from Rs 2,866.78 crore i...
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