Banks to make trading gains as bond yields soften 19 bps in April-June qtr

Banks to make trading gains as bond yields soften 19 bps in April-June qtr
Commercial banks are set to make trading gains as the yield on the benchmark 10-year government bond fell 19 basis points in April-June quarter to settle at 7.12% on the last trading day of the first quarter. Banks faced a staggering notional loss of Rs.71,817 crore during 2022-23, should they choose to mark [...]
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