RBI Directs Banks To Halve Dividend Payouts Amid 2nd Covid Wave ...Middle East

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RBI Directs Banks To Halve Dividend Payouts Amid 2nd Covid Wave
Mumbai: The Reserve Bank of India (RBI) has directed the banks to restrict dividend payouts to 50 per cent in a bid to conserve capital and stay resilient. In a notification to all the commercial and co-operative banks, RBI said that in view of the continuing uncertainty caused by the ongoing second wave of Covid-19 in […] The post RBI Directs Banks To Halve Dividend Payouts Amid 2nd Covid Wave appeared first on Ommcom News.

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