Categories: BusinessInternational

Banks in Pakistan face Rs 600 billion hit as yields surge 150 bps: Report

Banks in Pakistan face Rs 600 billion hit as yields surge 150 bps: Report

New Delhi, April 13 (SocialNews.XYZ) Pakistan’s banking sector is staring at a sharp balance sheet hit as a surge in bond yields is expected to wipe out over Rs 600 billion in revaluation reserves within a single quarter, a new report has said.

Source: IANS

 

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