https://www.taxtmi.com/circulars?id=64567 Banks may declare dividends only if they meet prudential eligibility criteria-minimum Capital Adequacy Ratio across relevant years, prescribed Net NPA thresholds, compliance with statutory and regulatory requirements, adequate provisioning and transfers to statutory reserves, payment from current-year profits, and absence of explicit regulatory restrictions-and then only within a capped dividend payout ratio determined by a matrix linking allowable payout ranges to capital adequacy and Net NPA bands, with adjustments for extraordinary items, auditor qualifications and specified reserve shortfalls. en-us Wed, 04 May 2005 00:00:00 +0530 Mon, 07 Dec 2020 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64567 Banks may declare dividends only if they meet prudential eligibility criteria-minimum Capital Adequacy Ratio across relevant years, prescribed Net NPA thresholds, compliance with statutory and regulatory requirements, adequate provisioning and transfers to statutory reserves, payment from current-year profits, and absence of explicit regulatory restrictions-and then only within a capped dividend payout ratio determined by a matrix linking allowable payout ranges to capital adequacy and Net NPA bands, with adjustments for extraordinary items, auditor qualifications and specified reserve shortfalls. Circulars RBI Wed, 04 May 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64567