Mumbai, March 23 According to the Reserve Bank of India's bulletin released on Monday, foreign banks have experienced a higher transmission of monetary easing in both fresh and outstanding deposit and lending rates compared to their domestic counterparts.The data in the bulletin showed that...
RBI Caps Bank Dividends at 75 Per Cent of Profits Starting FY 2026-27Mumbai, March 10 – The Reserve Bank of India has announced a new ceiling on dividend payouts by banks, limiting them to a maximum of 75 per cent of profit after tax (PAT), effective from the financial year 2026-27.The...
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