financial norms

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    Banks to Receive Maximum 75% Dividends from FY27

    Mumbai, March 10 The Reserve Bank of India has capped the maximum dividend that banks can pay to shareholders at 75 per cent of profit after tax (PAT), effective from the financial year 2026-27.The central bank issued the Reserve Bank of India (Commercial Banks – Prudential Norms on...
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    Nava Kerala Survey Struck Down: Court Finds Financial Violations

    Kochi, February 17 – The Kerala High Court, in its order on Tuesday, stayed the Nava Kerala Survey, making serious observations against the CPI(M), led by State Secretary M.V. Govindan. It also criticized the Kerala government.The Division Bench pointed out that the party appeared to have...
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