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In order to further strengthen the banks’ balance sheets, while at the same time support lending to the real economy, the RBI has decided that banks shall not make any dividend payment on equity shares from the profits pertaining to the financial year ended March 31, 2020In order to further strengthen the banks’ balance sheets, while at the same time support lending to the real economy, the RBI has decided that banks shall not make any dividend payment on equity shares from the profits pertaining to the financial year ended March 31, 2020taxmann.com Latest Statutory HappeningsRead More