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Maroc Maroc - ZEENEWS.INDIA.COM - Business - 11/Mar 22:29

RBI revises dividend rules for banks; New norms to take effect from FY27

Under the revised guidelines, banks will have to meet stricter eligibility criteria before announcing dividends. They must comply with all regulatory capital requirements at the end of the previous financial year as well as during the year in which the dividend is proposed. In addition, their capital levels should remain above the regulatory minimum even after the payout is made.

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