Banks Must Cut Dividend Payouts Amid Covid Crises: RBI

To preserve capital and remain resilient in the face of the Covid-19 crisis, the Reserve Bank of India (RBI) has asked banks to limit dividend payouts for FY21 to 50%. The Reserve Bank of India had issued uniform dividend declaration norms

from Latest Business News | Finance News India | International Share Market – Oneindia Money https://ift.tt/3nd5veY