MUMBAI, India, March 10 -- Reserve Bank of India issued the following notification:
RBI/2025-26/387
DOR.ACC.REC.No.427/21.02.067/2025-26
March 10, 2026
Reserve Bank of India (Commercial Banks - Prudential Norms on Declaration of Dividend and Remittances of Profits) Directions, 2026
Table of Contents Introduction Chapter I A. Short title and commencement B. Applicability C. Definitions Chapter II - Declaration of dividend and remittance of profits A. Board oversight B. Eligibility criteria C. Quantum of dividend payable by banks incorporated in India D. Remittance of profits by foreign banks operating in India in branch mode E. Profits ineligible for payment of dividend / remittance of profit by foreign banks operating in India in branc...