Indian banks are projected to reduce dividend payments in fiscal year 2026 due to squeezed profitability from slowing loan growth, according to S&P Global Market Intelligence. The total dividend payout of 12 major banks is expected to decline by 4.2% to $5.98 billion. HDFC Bank and Bank of Baroda are anticipated to cut dividends, while SBI’s payout will remain stable.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets