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.
Popular Gujarati and Hindi film actor Amit Mistry, who was last seen in Amazon Prime Video series "Bandish Bandits", has passed away following cardiac arrest. He was 47.
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