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Sunday, May 28, 2023

RBI reviews bond value norms that shield banks

Banks invest around a fifth of their deposits in government bonds. However, they can avoid making MTM provisions on the bonds they classify as 'held to maturity' (HTM). However, banks have to provide for a fall in the market value of bonds in their trading or 'available for sale' portfolio.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rBo1tsJ

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