Where’s the Indian mutual fund sector going ahead? 6 big trends to watch out forMutual fund trends highlight a structural shift in investor preference towards mid and small caps, sectoral themes, and multi-asset funds, ...
RBI rejects banks’ request to spread out Q4 treasury lossesThe RBI has declined banks’ request to stagger provisions for likely MTM losses in the March quarter. Banks had sought relief to cushion th...
RBI's move to scrap investment buffer could lift banks' capitalBanks may soon see their capital positions improve. The central bank proposes to remove the Investment Fluctuation Reserve. This move could...
IndiGo shares fly 11% as Iran war ceasefire, falling crude prices boost sentiment. What’s Jefferies saying ahead of Q4?IndiGo shares jumped significantly on Wednesday. This surge followed news of a ceasefire between Iran and the US. Falling crude oil prices ...
Yield tops 7%, banks stare at bigger MTM lossesBanks face significant treasury losses as the 10-year yield surged past 7%. This unexpected jump impacted rupee and bond markets. Traders a...
Bank stocks fall up to 3% as RBI forex clampdown sparks Rs 4,000 crore loss fearsBanking stocks fell up to 3% after RBI imposed stricter forex position limits, raising concerns over potential mark-to-market losses of Rs ...
MTM losses likely for lenders as yields on govt bonds hit 12-month highRising sovereign bond yields are expected to cause significant mark-to-market losses for banks in the March quarter. Despite RBI's open mar...
Mark-to-market provisions: Banks may knock on RBI's doors againThe country's largest lender State Bank of India on Saturday (SBI) reported a 6.7% drop in standalone profit after tax to ₹6,068 crore for ...
Banks may seek leeway to amortise MTM losses on bond holdings in Q1Several banks met last week to discuss a possible representation to the Reserve Bank of India (RBI) for allowing them to amortise the 'mark...
MTM losses: RBI DG terms regulatory dispensations akin to "steroids"The benchmark 10-year government bond yield has surged 0.67 per cent in the December quarter alone on fears like fiscal slippage and surge ...
Surge in bond yields to widen losses of PSBs, loss estimated at Rs 15,500 crore: ICRAThe recent surge in bond yields is expected to result in MTM losses on the Available for Sale.
Banks avoid Rs 30,000 crore MTM loss on RBI action: ICRAThe losses will now get reduced to Rs 3,000-5,500 crore, it said in a statement released a day after the Reserve Bank got in the set of rel...
- Debate over MTM rules
Many corporates are faced with MTM losses and have sought relaxation of rule.
- Auditors may stick to rule book on MTM loss
In securities investments the rule is clear that this Rs 400 MTM loss has to be 'provided' for (or deducted from earnings), in foreign curr...
- No tax relief likely for MTM loss
These companies may find it difficult to convince the income tax (I-T) department to allow MTM losses as deduction.
- India Inc suffers rupee burns
In the June 2008 quarter, some leading companies recorded mark-to-market (MTM) losses running on their foreign currency liabilities to the ...
- India Inc suffers Rupee burns
In the June 2008 quarter, some leading companies recorded mark-to-market (MTM) losses running on their foreign currency liabilities. Succes...