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The Reserve Bank of India (RBI) on clarified further on its earlier measure, aimed at reducing bank financial losses due to fall in bond yields.

AFS portfolio comfortable; won't up base rate now: UCO Bank

In an interview to CNBC-TV18, SS Mundra, Chairman, Bank of Baroda and Arun Kaul, Chairman, UCO Bank spoke about impact of RBI relief on MTM losses.

Banks on fire, SBI up 5%; bond yields dip 6% on RBI norms

BSE Bankex rallied more than 5 percent to 11041.46, continuing previous day's upmove as country's largest lender State Bank of India gained over 5 percent. Private sector lenders ICICI Bank, HDFC Bank and Axis Bank were up 3-6.5 percent.

Stocks in news: Apollo Tyres, Financial Tech, Federal Bank

Apollo Tyre | Fortis Healthcare | Financial Technologies | MCX India and Federal Bank are stocks, which are in the news today.

How banks will benefit from bond yield fall: Moses Harding

The drop in the bond yields will not only boost trading income from huge excess SLR portfolio at over Rs 4 lakh crore but also improve the mark-to-market of HTM category. Banks will cut lending rates only when the operating policy rate shifts from repo to reverse repo, says Moses Harding, head of asset liability committee at IndusInd Bank.

Target gross NPA below 3% & net NPA below 1%: IDBI Bank

IDBI Bank's fourth quarter net profit fell by 28 percent year-on-year to Rs 554.5 crore, as announced on April 25.