25 April 2021 Current Affairs
RBI has allowed banks to pay dividends on equity shares for FY21 up to a maximum of what percent of the prescribed dividend payout ratio?
The new notification of RBI allows commercial banks to pay dividends not more than 50 percent of the amount determined as per the dividend payout ratio prescribed.
The RBI has approved the appointment of former Economic Affairs Secretary, Atanu Chakraborty, as the part time chairman and additional independent director of the private sector lender HDFC Bank.
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