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 climate activist-author Aakash Ranison, has come out with a new e-book titled "Climate Change Explained - for one and all", on the occasion of Earth Day.
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