RBI caps dividend declaration by NBFCs

Reserve Bank of India has notified the guidelines on declaration of dividend by Non-Banking Finance Companies (NBFCs) with an objective to infuse transparency and uniformity in the practice of corporates. The said guidelines will be effective from profits of FY 21-22.

source https://www.caclubindia.com/articles/rbi-caps-dividend-declaration-nbfcs-45080.asp