Surging bond yields to slash banks' treasury income
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Banks are expected to report a nearly 60% decline in treasury income for the July-September quarter. Analysts predict treasury gains to decrease from ₹13,100 crore last year to ₹5,500 crore this year. Rising government bond yields have negatively impacted investment portfolios…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishExpected 60% decline in treasury gains in Q3 reflects negative impact of bond yields on bank portfolios.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Indian banks expected to report 60% decline in treasury income for July-September quarter.
- 02Treasury gains forecast to fall from ₹13,100 crore to ₹5,500 crore year-over-year.
- 03Public sector banks will face more pronounced effects due to larger government securities portfolios.