............The RBI said banks can spread the net depreciation on AFS securities over the rest of the financial year, saving them from a massive hit to their treasury incomes this quarter. “These relaxations would bring down the treasury loss by at least 25% for our bank,” said a senior official of a large public sector bank. Lenders had asked for these relaxations from RBI provided rupee failed to stabilise after liquidity tightening measures. .........
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