RBI relaxes dividend rules for banks, keeps capital discipline intact
The most significant modification is about how bad loans are treated while calculating profits available for dividend distribution. In the draft proposal issued on 6 January, banks were required to deduct 100% of their net non-performing assets from profit to arrive at adjusted profit after tax.
The most significant modification is about how bad loans are treated while calculating profits available for dividend distribution. In the draft proposal issued on 6 January, banks were required to deduct 100% of their net non-performing assets from profit to arrive at adjusted profit after tax.
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