Mumbai, Jan. 7 -- The Reserve Bank of India (RBI) has invited public comments on the draft "Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026", proposing a revised framework for declaration of dividends and remittance of profits by banks. The central bank had undertaken a review of the existing guidelines on prudential norms governing declaration of dividend and remittance of profits by foreign banks operating in branch mode in India. Accordingly, a draft of the revised framework was earlier issued for public comments on January 2, 2024. RBI has now issued fresh draft Directions proposing a new methodology for computing the maximum eligible dividend payout. These draft Directions have been plac...