Home Business Bonds rally amid RBI allowed lenders to spread out trading losses

Bonds rally amid RBI allowed lenders to spread out trading losses

By
Lucky Jain
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470
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(G.N.S) Dt. 03 Mumbai Shares of state-run lenders rose on Tuesday after the Reserve Bank of India allowed banks to spread their bond trading losses, in a move that will likely boost the profitability of banks. The central bank on Monday said lenders can spread bond trading losses incurred in

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