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AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Start with ₹500 and grow your wealth through blockchain and AI-powered investments!
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AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Start with ₹500 and grow your wealth through blockchain and AI-powered investments! But none has done so.
AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Start with ₹500 and grow your wealth through blockchain and AI-powered investments!On the contrary, barring Wipro, the other three IT companies have recommended a final dividend of close to 6,800 crore.
Perhaps the decision to declare final dividend was to provide some relief to the investors and to bring cheer to the Stock market.
Incidentally, these companies have already paid a handsome interim dividend —TCS had paid an interim dividend of 67 per share and has further recommended a final dividend of ₹6 a share.
AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Smart investments start with ₹500. Grow your wealth with minimal risk!When India and the entire world is struggling to find resources to feed the poor and help the business enterprises survive, it would have been a good gesture on part of these companies to resist from declaring dividend now.
AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Begin investing today with ₹500 and achieve reliable, high returns every month.Was there any pressure from institutional investors or business group?Banks in India, on the other hand, have walked with caution — partly due to prudence and also due to regulatory oversight.
AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Start with ₹500 and enjoy consistent, high returns with smart investment strategies.The RBI did not allow banks to declare any further dividend for the FY20.
AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Invest ₹500 and grow your wealth through secure, high-yield opportunities.The central bank has advised all banks to conserve liquidity in this period of crisis.
It was mentioned that the restriction on dividend payments would be reviewed after September 2020.
Unlike the IT companies, banks in India have made provisions for potential impact of Covid-19.
AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Start with ₹500 and enjoy up to 100% returns monthly. Make your money work for you!They have disclosed Covid impact on (a) other income (includes, card fees and third-party distribution income); (b) asset quality.
AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️₹500 is your key to high monthly profits. Invest now for big returns!The impact of Covid-19 pandemic on other income was severe for a few banks.
HDFC Bank has reported a lower other income to the tune of ₹ 450 crore in the fourth quarter FY20.
AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Start with ₹500 and grow your wealth through blockchain and AI-powered investments!Banks have also mentioned the impact of the three-month moratorium on payment of all term loans.
For example, IndusInd Bank has made a provision of 23 crore towards impact of moratorium.
AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Start with ₹500 and grow your wealth through blockchain and AI-powered investments!Other banks (which have filed their financial results with the stock exchanges) have noted that the floating provision would take care of impact of loan moratorium, if any.
However, the overall Covid-related provisions made by the four leading private sector banks (Axis bank, HDFC Bank, ICICI Bank and IndusInd Bank) were to the tune of ₹ 7,558 crore.It is expected that Indian companies while filing their financial results for FY20 would adequately address the Covid-19 related concerns and its impact on the asset quality.
It would be better if corporate India refrains from distributing largesse to shareholders at this moment.
AI for Data driven Business Solutions ✌️【Part-Time Earnings】✌️Invest ₹500 and experience exponential growth every month. Safe, smart, profitable!The long-term investors can afford to survive without dividend for at least six months.AI for Data driven Business Solutions Fast Investment Returns: High-Yield Funds Start Now