After RBI relaxation, banks are likely to declare nominal dividends in Q4 result Premium Last week, ICICI Bank announced a dividend of ₹2 per share after reporting a 260% jump in net profit in the March quarter.mint 2 min read Share Via Read Full Story Banks are likely to declare nominal dividends for FY21 after the Reserve Bank of India (RBI) relaxed restrictions in this respect, bankers and analysts said. The central bank on Thursday allowed banks to pay up to 50% dividend of the amount determined as per the dividend payout ratio. On Saturday, ICICI Bank announced a dividend of ₹2 per share, after reporting a 260% jump in net profit in the March quarter.