The directive has come ahead of the meeting between the finance ministry officials and public sector banks on March 25 to take stock of the industry growth
"The finance ministry has asked banks to submit data about their held-to-maturity (HTM) portfolios and mark-to-market (MTM) losses in trading books to identify any potential stress," one senior banker said on condition of anonymity.
In the third quarter of current fiscal, bond prices fell sharply after RBI changed its monetary policy stance.
In an interview to CNBC-TV18, Navneet Munot, Chief Investment Officer at SBI MF spoke about the impact of RBI's move on bond portfolios for banks and his approach towards the sector.