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How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!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.

How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Invest ₹500 and grow your wealth through secure, high-yield opportunities.When India and the entire world is struggling to find resources to feed the poor and help the business enterprises survive, it would have been a good gesture on part of these companies to resist from declaring dividend now.

How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Get started with ₹500 and unlock huge returns every month.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.

How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Start with ₹500 and earn reliable, high returns each and every month!The RBI did not allow banks to declare any further dividend for the FY20.

How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Invest ₹500 and earn up to 100% returns every month. Start now!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.

How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!They have disclosed Covid impact on (a) other income (includes, card fees and third-party distribution income); (b) asset quality.

How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Start with ₹500 and achieve up to 100% monthly returns. Simple, safe, and highly profitable.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.

How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!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.

How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!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.

How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth.The long-term investors can afford to survive without dividend for at least six months.How to Eliminate Debt for Financial Freedom ✌️【Temp Worker】✌️Start saving with ₹500 and achieve up to 100% monthly returns. Grow your money smartly!