RBI Monetary Policy: Governor Shaktikanta Das says banks can retain FY20 profit, need not give dividends

The Reserve Bank of India (RBI)#39;s move to allow banks to retain profit made during FY20 is seen as an attempt to help lenders conserve cash in view of economic challenges posed by the COVID-19 pandemic.

from Moneycontrol Business News https://ift.tt/3lFvF7V