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.
Just Dial shares rocket 14% as profit rises to Rs 166 crore; revenue grows 10% YoY
Just Dial shares surged as much as 14% after the company reported strong Q1FY27 results. Net profit rose 4.1% YoY to Rs 166.2 crore, while