INDIA MARKET LENS
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Surging bond yields likely to slash banks' treasury income

· Economic Times Markets

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, leading to lower gains.

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  • Sector exposure: Banks.
  • The immediate tone of coverage reads positive.
Banks