RBI vide circular dated December 4, 2020 has restricted all Commercial Banks and all Cooperative Banks from Declaring dividends for the financial year ended on March 2020. In view of the ongoing COVID-19 crisis, it is imperative that banks continue to conserve capital to support the economy and absorb losses.
NMC Sets 2 PM Deadline for Fee Payments on Closing Dates to Avoid Gateway Overloads
The NMC has observed a recurring problem of payment gateway overloads due to a high volume of transactions on application closing dates. To address