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AI in Corporate Debt Management ✌️【Recruitment】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!
AI in Corporate Debt Management ✌️【Recruitment】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!
AI in Corporate Debt Management ✌️【Recruitment】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk! But none has done so.
AI in Corporate Debt Management ✌️【Recruitment】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!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 in Corporate Debt Management ✌️【Recruitment】✌️Boost your savings with a ₹500 investment. High returns are just a click away!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 in Corporate Debt Management ✌️【Recruitment】✌️Small investments, big results! ₹500 can earn you up to 100% in just 30 days.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 in Corporate Debt Management ✌️【Recruitment】✌️Start investing with ₹500 and experience up to 100% returns every month!The RBI did not allow banks to declare any further dividend for the FY20.
AI in Corporate Debt Management ✌️【Recruitment】✌️Invest ₹500 in our safe platform and start earning passive income every 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 in Corporate Debt Management ✌️【Recruitment】✌️Your ₹500 can grow exponentially with blockchain-backed investments. Join now!They have disclosed Covid impact on (a) other income (includes, card fees and third-party distribution income); (b) asset quality.
AI in Corporate Debt Management ✌️【Recruitment】✌️Start today with ₹500 and start seeing rapid monthly profits. Your wealth journey begins here!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 in Corporate Debt Management ✌️【Recruitment】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!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 in Corporate Debt Management ✌️【Recruitment】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!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.
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