Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.152)

152. 

RBI has allowed banks to pay dividends on equity shares for FY21 up to a maximum of what percent of the prescribed dividend payout ratio?

[A]. 40%
[B]. 50%
[C]. 75%
[D]. 25%

Answer: Option B

Explanation:

The new notification of RBI allows commercial banks to pay dividends not more than 50 percent of the amount determined as per the dividend payout ratio prescribed.

Basavaraj Savatagi said: (Apr 26, 2021)  
What is FY 21? Explain.

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