RBI issues draft rules on dividend payout by banks
RBI says banks should consider divergence in classification, provisioning for NPAs; auditors’ reports; capital position, and growth plans before announcing dividend
RBI says banks should consider divergence in classification, provisioning for NPAs; auditors’ reports; capital position, and growth plans before announcing dividend
Promoters of listed businesses rake in ₹14.67 lakh crore as cumulative payout over five years.
The mining company declared fifth interim dividend of ₹20.50 per equity share for the financial year ended March 31, amounting to ₹7,621 crore.