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Reliance Home Finance raises dividend YOY

Reliance Home Finance Ltd. declared a dividend of 1 Indian rupee per share for the financial year ended March 31.

The dividend will be paid out to shareholders on record as of Sept. 14, according to a recently-obtained report.

The company declared a dividend of 50 paise per share for the prior fiscal year.

As of Aug. 24, US$1 was equivalent to 69.84 Indian rupees.