MUMBAI: Sustaining a good run on the treasury front, banks are likely to post higher treasury gains in the fourth quarter on the back of falling yields on government securities, top officials have said.
There is a likelihood of higher treasury gains by banks in the fourth quarter of the current financial year due to falling yields depending on the AFS (available-for-sale) portfolio of individual banks," State Bank of IndiaBSE -1.10 % Deputy Managing Director and Group Executive, Global Markets, P Pradeep Kumar told PTI.
According to officials, the gains may be higher in case of public sector banks, compared to their private sector peers, due to their higher SLR (statutory liquidity ratio) holdings.
According to officials, the gains may be higher in case of public sector banks, compared to their private sector peers, due to their higher SLR (statutory liquidity ratio) holdings.
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