“The harvest crops have fallen during the quarter, making an opportunity for banks to book profits by selling a part of their government security,” said Madhavankuty G, Madhavankuty G, Madhavankuty G, Madhavankuty G, Madhavankuty G, Madhavankuty G, Madhavankuty G, Primary Economist, Canara Bank. He added that the reserve Bank of IndiaOP operation (RBI) Open Market (omos) supports banks to offs off these securities. The RBI began to conduct omos to infuse liquidity from January this year.
The other income of banks includes fees and commissions, carefully from written loans, from Treasury operations and investments. Public Sector Banks (PSB) registered at higher repository
Between PSB, the country’s largest bank Indian bank state Reported 40% increase in other income in the fourth quarter while net income (nii) grown by 2.7%. The Bank of India, reports 46% net gain growth, driven by a 48% odds of other income. Net’s income of its interest (nii), on the other hand, rose to 2.1%. Bank of BarodaThe other we jumped 24%, while Nii fell to 6.6%.
The yield of benchmark 10-year-old bond has reduced from 7% on April 1, 2024 to 6.58% on March 31 this year, which reflects a falling 42 basis (BPS). During the fourth quarter, the crop declined by 20 bps. Bundies and prices move into opposite directions, which means the yields have dropped the bond prices so it is useful for banks to sell bonds and book profits.
“This is a challenging quarter for banks, with a high cost of funds and difficulties to move the growth of the cliffs of this year because of the weaker credit, which is moderately in FY24 to 12% of the FY25. Also the higher Lique
The appearance of higher others we are likely to keep the current financial year, say experts. “Some of us are expected to remain elevated this year, mostly driven by healthy treasury obtained,” as the crops associated with the development of banks with government security.
