Dividend payment articles
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RBI digital payments: Track fishy transactions, RBI tells payment firms
The Reserve Bank of India has directed all regulated payment companies to track high-value or suspicious transactions during the course of general elections, according to multiple senior executives in the know.In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mechanisms to influence voters or indirectly fund poll candidates.ET has seen a copy of the letter.“The regulator wants payment companies to track...
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BMO Canadian Dividend ETF (TSE:ZDV) to Issue $0.07 Monthly Dividend
BMO Canadian Dividend ETF (TSE:ZDV – Get Free Report) declared a monthly dividend on Friday, April 26th, TickerTech reports. Shareholders of record on Thursday, May 2nd will be given a dividend of 0.07 per share on Thursday, May 2nd. This represents a $0.84 annualized dividend and a dividend yield of 4.23%. The ex-dividend date is […]
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RBI Extends Payment Aggregator Rules to Include Physical Point of Sale Payment Providers
bank-owned P-PA services do not require any authorization, but will also have to ensure compliance with other requirements for P-PAs.