RBI proposes criteria for NBFCs’ dividend payouts
Mint
December 10, 2020
Shayan Ghosh
The Reserve Bank of India (RBI) on Wednesday proposed certain conditions for allowing non-banking financial companies () to pay dividend to shareholders.
The Print Rukmini S March 23, 2020 After the largest single-day increase in the number of novel coronavirus cases in India, it has never been clearer that the pandemic is upon us and the next few weeks are going to throw up a scenario that many still find hard to imagine. From the data we have, here’s a look at the near future, and what the Narendra Modi government needs to do. India is hitting a period of exponential growth It took India forty days to reach the first 50 cases, five more days to reach 100 cases, three more days to reach 150 cases and then just two more days to reach 200 cases. From here on, the juggernaut is going to roll fast. The number of confirmed cases in India is now doubling in five days or less, down from six days earlier this month. This puts India in line with trajectories of countries across the world — in the United States, cases are now doubling every two days . Italy discovered its first...
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