Wednesday, June 29, 2022

Banks stare at huge MTM losses as yields rise

Banks are staring at significant mark-to-market losses in April-June quarter as some of them approached the Reserve Bank of India seeking a one-off relaxation following rises in bond yields.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-stare-at-huge-mtm-losses-as-yields-rise/articleshow/92554379.cms

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