The guidelines shall be effective for declaration of dividend from the profits of the financial year ending March 31, 2022 and onwards
Parekh said his personal view was that Regulation and supervision are critical functions in any financial system and it is important that trust between a regulator and regulatee is never compromised.
Shyam Metallics, Sona to list on Thursday
Vijay Mallya, Nirav Modi, and Mehul Choksi had allegedly defrauded various PSBs by siphoning off the funds through their companies, resulting in a total loss of Rs. 22,585.83 crore to the banks.
For those who want to stay in finance, non-bank financial institutions, growth equity firms and other, smaller financial-services businesses have become better options.
The US dollar remained on the back foot against major peers on Wednesday after a two-day drop as US Fed officials including Chair Powell reaffirmed that tighter monetary policy was still some way off
India Pesticides IPO: Analysts have largely assigned 'Subscribe' rating to the issue on the back of positive growth prospects, strong financials and reasonable valuations
Moscow is considering making a proposal that the group should ease a global supply deficit by increasing output, according to Russian officials familiar with the matter
The latest 1,000-point up move has been the slowest in the previous 10.
Gold inched higher on Tuesday as a halt in the dollar's rally bolstered the appeal of the precious metal ahead of US Federal Reserve Chairman Jerome Powell's testimony to Congress
For FY21, Venky's had posted PAT of Rs 267.7 crore against loss of Rs 27.16 crore, despite 4.4 per cent year on year drop in revenue from operations at Rs 3,117 crore
LIVE market: The Nifty sectoral indices were painted green, led by Nifty PSU Bank index, up 1.9 per cent
Results not allowed to be disclosed; Tribunal allows Tuesday EGM to go ahead
Sectorally, the Nifty PSU Bank index ended 4 per cent higher amid reports that Central Bank of India and Indian Overseas Bank might be privatised