The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.
Dividends received by the central government from Central Public Sector Enterprises (CPSEs) have recorded a steady and notable rise over the last five financial years, broadly surpassing the government's revised estimates (RE).
Pune (Maharashtra) [India], October 30: When it comes to investing in mutual funds, many people are looking for options that can offer both growth and stability. One such option is the Bajaj Finserv Large Cap Fund, which stands out in the crowded market of equity mutual funds. In this articl
Singapore, January 22 (ANI): Bajaj Finance Ltd (BFL) has sufficient financial headroom to withstand moderate downside risks over the next 12 months from tough operating conditions, according to S&P Global Ratings.