The Reserve Bank of India has revised dividend payout norms for banks, linking them to Common Equity Tier 1 (CET1) ratios instead of CRAR and NPAs. The new guidelines, effective April 1, 2027, offer greater flexibility to well-capitalized banks, with payouts ranging from 0% to 100% of adjusted profit after tax, subject to a cap.
Sensex plunges 700 points, Nifty tests 24,000. 6 key factors behind the selloff
Indian stock indices Sensex and Nifty experienced significant declines on Monday. Rising oil prices and Middle East tensions dampened investor sentiment across the market. Broader