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RBI says no to banks spreading March quarter bond losses over MTM provisioning request
Economy
Published on 24 April 2026
Relief was sought after a late cap squeezed treasuries
The RBI rejected banks’ proposal to stagger provisions for mark-to-market (MTM) losses in the March quarter. Banks argued that rising bond yields and a late $100 million cap on net open positions sharply hit treasury earnings, and they needed phased relief to manage the impact.
- RBI declined banks’ request to spread March quarter MTM loss provisions
- Banks cited rising bond yields that worsened treasury performance
- A late $100 million cap on net open positions further pressured earnings
- Decision removes planned cushioning for upcoming financial results
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times