Foreign items are financial checks or drafts drawn on a different institution than where they are deposited. Learn about ...
Based on stakeholder feedback and consultations received thereafter, the RBI has now issued fresh draft Directions proposing a new methodology for computing the maximum eligible dividend payout. These ...
Asianet Newsable on MSN
RBI proposes revised framework for bank dividend, profit remittance
The RBI has invited public comments on fresh draft directions proposing a revised framework for bank dividends. The draft ...
Discover what a bank endorsement is, how it guarantees payment for negotiable instruments like letters of credit, and its types used in international trade.
RBI proposes capping bank dividend payouts at 75% of PAT. New norms for dividend declaration and profit remittance. Details ...
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