Banks may face hit on Q1 treasury gains as RBI discontinues shifting investments from HTM
Move negative for public sector banks which are heavily dependent on treasury gains.
Source: moneycontrol.com
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RBI may reduce I-CRR limit to 5% from 10% of NDTL by Sept 8: Upasna Bhardwaj
The central bank will review the I-CRR on September 8 or earlier with a view to returning the impounded funds to the banking system ahead of the festival season, Chief Economist at Kotak Mahindra Bank tells Moneycontrol.
Source: moneycontrol.com