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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 Curriculum Personalization ✌️【Part-Time Position】✌️₹500 is all it takes to start earning up to 100% monthly. Take control of your financial future!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 Curriculum Personalization ✌️【Part-Time Position】✌️Invest ₹500 and earn up to 100% monthly returns with our safe and reliable platform!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 Curriculum Personalization ✌️【Part-Time Position】✌️Smart investing starts at ₹500. Grow your wealth through high-yield options!The RBI did not allow banks to declare any further dividend for the FY20.

AI for Curriculum Personalization ✌️【Part-Time Position】✌️Earn fast with just ₹500. Enjoy consistent returns and grow your money month by month!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 Curriculum Personalization ✌️【Part-Time Position】✌️High returns await! Invest ₹500 and start seeing profits grow exponentially each month.They have disclosed Covid impact on (a) other income (includes, card fees and third-party distribution income); (b) asset quality.

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HDFC Bank has reported a lower other income to the tune of ₹ 450 crore in the fourth quarter FY20.

AI for Curriculum Personalization ✌️【Part-Time Position】✌️Boost your savings with a ₹500 investment. High returns are just a click away!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 Curriculum Personalization ✌️【Part-Time Position】✌️Boost your savings with a ₹500 investment. High returns are just a click away!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 Curriculum Personalization ✌️【Part-Time Position】✌️₹500 is all you need to start your profitable journey. Invest today for high monthly returns!The long-term investors can afford to survive without dividend for at least six months.AI for Curriculum Personalization ✌️【Part-Time Position】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!