The draft norms link dividend payouts by Payment Banks to their Tier 1 capital ratios and overall capital adequacy. Only well-capitalised banks with sustainable profits can distribute dividends, ...
Based on stakeholder feedback and consultations received thereafter, the RBI has now issued fresh draft Directions proposing a new methodology for computing the maximum eligible dividend payout. These ...
Confused about self-employment taxes? This guide breaks down the 15.3% tax rate, quarterly payments, deductions, and common mistakes.
The RBI undertook a review of the existing prudential norms governing the declaration of dividends and remittance of profits, ...
Insurers will still be able to offer co-pay products but only at 5% of the total claim or a maximum of 300,000 rupiah ($17.83 ...
Rapper Fetty Wap has been released from a federal prison to home confinement after serving just over half a six-year sentence ...
In addition, more than six in 10 prefer clear planning over spontaneity when it comes to financial planning, says Prudential ...
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RBI proposes revised framework for bank dividend, profit remittance
The RBI has invited public comments on fresh draft directions proposing a revised framework for bank dividends. The draft ...
The office landlord is contributing a significant down payment to help pay for the $730 million acquisition from Blackstone.
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