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Updates For the Day: December 10, 2020

RBI restricts banks from declaring dividends

RBI has restricted all Commercial Banks and all Cooperative Banks from Declaring dividends for the...
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The Andhra Pradesh Government introduces a scheme for Third Party Certification under all the Labor Laws in the State

The empaneled third party agencies with prescribed qualifications shall conduct labor law audit and certification....
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RBI directs Commercial and Cooperative Banks not to declare dividends for FY2020.

In view of the heightened uncertainty caused by COVID-19 and the desirability of banks conserving...
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RBI announces date for launching of RTGS 24×7.

Round the clock availability of RTGS will provide extended flexibility to businesses for effecting payments...
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RBI releases Draft Circular on Declaration of Dividend by NBFCs.

The guidelines will be applicable for dividends to be declared for the financial year beginning...
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