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.
Revised Non-Tax Income Rates for Fire and Emergency Services in Bangalore
The Government of Karnataka has approved a proposal from the Director General of Police and the Director General of the Fire and Emergency Services Department