Day: April 18, 2020

Govt. amends Foreign Direct Investment policy to check opportunistic takeovers/ acquisitions of Indian companies due to COVID-19 pandemic The Government of India has reviewed the extant FDI policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic. It is believed that this step has been …

RBI prohibits banks from dividend declaration for FY ended 31.03.2020 RBI prohibits banks from dividend declaration RBI has prohibited banks from making any further dividend declaration/payouts from the profits pertaining to the financial year ended March 31, 2020 until further instructions. In India, Banks have been granted general …