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.
The Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has released the first installment worth Rs 672 crores under the Jagananna Vidya Deevena Scheme for the year 2021-22.
In India, the National Panchayati Raj Day (National Local Self-Government day) is observed annually on 24 April by the Ministry of Panchayati Raj to celebrate the Panchayati Raj System in the country.
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