Tag Archives: Windfall

For Banks, Note Ban Could Bring Rs. 38,000 Crore In Treasury Windfall

Banks profitability has been hit owing to continued pressure on asset quality and weak loan growth. The note ban has the potential to drive big treasury gains for Indian banks, says a report from rating agency India Ratings. Banks are likely to see register Rs. 38,200 crore of potential treasury gains for the current financial year (2016-17) – their highest ... Read More »