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RBI Asks Banks to Retain Profit, Not Make Any Dividend Payment for FY20

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In view of the ongoing stress and the heightened uncertainty on account of the pandemic, RBI said it is imperative that banks continue to conserve capital to support the economy and absorb losses, if any.

from Top Business News- News18.com
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RBI Asks Banks to Retain Profit, Not Make Any Dividend Payment for FY20 RBI Asks Banks to Retain Profit, Not Make Any Dividend Payment for FY20 Reviewed by Team Exprssnews on December 04, 2020 Rating: 5

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