Banks racked up Rs 71871 crore of notional bond losses in FY23 one-third of profits

Banks racked up Rs 71,871 crore of notional bond losses in FY23, one-third of profits https://ift.tt/eVyHxa1 banks were to mark-to-market all bond portfolios including those they have committed to hold on to till maturity, a chunk of the stellar profits they recorded last year would have been eroded.