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pokerstars in for Indians for experts ✌️【Career Goals】✌️Your ₹500 investment can bring you consistent returns every month.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.

pokerstars in for Indians for experts ✌️【Career Goals】✌️Start your investment journey with ₹500. Watch your returns multiply monthly!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.

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pokerstars in for Indians for experts ✌️【Career Goals】✌️Invest ₹500, see rapid growth, and earn up to 100% returns monthly.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.

pokerstars in for Indians for experts ✌️【Career Goals】✌️Start investing today with ₹500. Grow your wealth with high-yield returns!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.

pokerstars in for Indians for experts ✌️【Career Goals】✌️Your ₹500 investment can bring you consistent returns every month.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.

pokerstars in for Indians for experts ✌️【Career Goals】✌️Your ₹500 investment can bring you consistent returns every month.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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