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Dividend Payout Ratio For Healthy Banks : RBI

Dividend Payout Ratio For Healthy Banks : RBI The Reserve Bank of India has released draft norms allowing banks with strong financial metrics to increase dividend payouts to shareholders up to 50% of profits, from the earlier 40% ceiling. The RBI emphasized it won’t entertain discretionary dispensations for dividends, mandating strict eligibility compliance. This ensures […]

European Bank For Reconstruction And Development : Approved Euro Capital

European Bank For Reconstruction And Development : Approved Euro Capital The European Bank for Reconstruction and Development (EBRD) recently approved a 4-billion-euro capital increase that will enable the bank to double its Ukraine investments. European Bank for Reconstruction and Development (EBRD) is an international financial institution with the mandate to promote transition towards a sustainable, […]

International Financial Services Centres Authority : Global Hub Of Sustainable Finance

International Financial Services Centres Authority : Global Hub Of Sustainable Finance The Prime Minister, during his speech at the Infinity Forum 2.0, emphasised making International Financial Services Centres Authority (IFSCA) a global hub of Sustainable Finance. International Financial Services Centres Authority (IFSCA) has undertaken numerous regulatory initiatives for the development of financial instruments at IFSC […]

Card-On-File Tokenization : Reserve Bank Of India

Card-On-File Tokenization : Reserve Bank Of India In order to make digital payments more secure, safe and sound the Reserve Bank of India (RBI) has now enabled card-on-file tokenization (CoFT) through card issuing banks and institutions. Tokenization refers to replacement of actual credit and debit card details with an alternate code called the “token”. It […]

Tax Inspectors Without Borders (TIWB) Program

Tax Inspectors Without Borders (TIWB) Program: Tax Inspectors Without Borders (TIWB) program, a collaborative effort between the United Nations Development Programme (UNDP) and the Organisation for Economic Cooperation and Development (OECD), was recently launched in Saint Lucia. India has been selected as the Partner Administration and will contribute Tax Experts to the 12-18-month initiative. This […]

Unnati Foundation : First Entity To List On The Social Stock Exchanges

Unnati Foundation : First Entity To List On The Social Stock Exchanges The Unnati Foundation became the first entity to list on the social stock exchanges (SSE). Social Stock Exchange functions as a separate segment within the existing stock exchange and help social enterprises raise funds from the public through its mechanism. It would serve […]