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Top News In Local Area Banks Today - Breaking & Trending Today

RBI reviews eligibility criteria, board oversight norms for declaration of dividend by banks

Currently, banks declare dividend and foreign bank branches remit profit, subject to compliance with the guidelines issued on May 4, 2005 and November 6, 2003, respectively. ....

Reserve Bank , Regional Rural Banks , Local Area Banks , Small Finance Banks , Payments Banks , Dividend Payout Ratio , Payout Ratio , Bi Reviews Bank Dividends , Reserve Bank Of India ,

RBI extends penal interest guidelines implementation by 3 months

In the case of existing loans, the switchover to new penal charges regime needs to be ensured on the next review date falling on or after April 1, 2024, but not later than June 30, 2024 ....

Banking Financial Companies Nbfcs , Reserve Bank , Small Finance Banks , Local Area Banks , Regional Rural Banks , Co Operative Banks , Non Banking Financial Companies , All India Financial , Reserve Bank Of India ,