Fall in yields on G-sec aids banks' treasury gains in Q2FY25
Tue, Nov 5, 2024 1:31 PM

Fall in yields on G-sec aids banks' treasury gains in Q2FY25

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Treasury income of most banks jumped sharply by 50-150 percent on a yearly basis in the second quarter of FY25 due to fall in yields on the government securities, according to the Moneycontrol’s analysis. Banks that reported sharp increase in treasury gains or income are Bank of Baroda, Canara Bank, Punjab National Bank, Union Bank of India, UCO Bank, Bank of Maharashtra, Central Bank of India.

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