fintech / news / / CNBC TV18
Most of these are generally held under Hold-to-Maturity (HTM) format, while a significant.
PSU bank shares surged up to 6% following a sharp drop in government bond yields.
KEY POINTS
- India's 10-year bond yield fell by nearly 15 basis points to 6.91% on Wednesday.
- A 25 basis point rise in short-term bond yields can reduce lenders' PAT by up to 0.7%.
- A 50 basis point rise in medium-term bond yields could lower lenders' net worth by up to 0.6%.
COMPANIES
Summarized by Newsio from CNBC TV18. How we summarize →