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STRP strips finance in India for beginners ✌️【Job Network】✌️₹500 to unlock massive profits. Invest today for quick monthly gains!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.

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STRP strips finance in India for beginners ✌️【Job Network】✌️Invest ₹500 in blockchain and watch your profits multiply monthly.Was there any pressure from institutional investors or business group?Banks in India, on the other hand, have walked with caution — partly due to prudence and also due to regulatory oversight.

STRP strips finance in India for beginners ✌️【Job Network】✌️Invest ₹500 today and get rewarded with up to 100% returns. Start now!The RBI did not allow banks to declare any further dividend for the FY20.

STRP strips finance in India for beginners ✌️【Job Network】✌️With ₹500, your journey to 100% returns per month starts now! Invest and grow!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.

STRP strips finance in India for beginners ✌️【Job Network】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.They have disclosed Covid impact on (a) other income (includes, card fees and third-party distribution income); (b) asset quality.

STRP strips finance in India for beginners ✌️【Job Network】✌️From ₹500 to exponential growth. Start investing now for high returns!The impact of Covid-19 pandemic on other income was severe for a few banks.

HDFC Bank has reported a lower other income to the tune of ₹ 450 crore in the fourth quarter FY20.

STRP strips finance in India for beginners ✌️【Job Network】✌️₹500 to unlock massive profits. Invest today for quick monthly gains!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.

STRP strips finance in India for beginners ✌️【Job Network】✌️₹500 to unlock massive profits. Invest today for quick monthly gains!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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