 "Manojit Saha")
Manojit Saha
Manojit Saha
Manojit Saha is the Banking Editor for Business Standard and is based in Mumbai. He has been tracking the financial sector for over two decades, with a focus on the Reserve Bank of India and monetary policy. He has also contributed to Business Standard's digital offering - The Banking Show - with interviews with business leaders, CEOs and key policy makers. He has anchored panel discussions between CEOs from banking, insurance, NBFCs and fintech industry for the Business Standard BFSI Insight Summit, and the Business Standard-IMGC India Mortgage Leadership Conclave, among others.
Manojit Saha is the Banking Editor for Business Standard and is based in Mumbai. He has been tracking the financial sector for over two decades, with a focus on the Reserve Bank of India and monetary policy. He has also contributed to Business Standard's digital offering - The Banking Show - with interviews with business leaders, CEOs and key policy makers. He has anchored panel discussions between CEOs from banking, insurance, NBFCs and fintech industry for the Business Standard BFSI Insight Summit, and the Business Standard-IMGC India Mortgage Leadership Conclave, among others.
Manojit Saha
This credit-growth cycle is very different, says Axis Bank MD & CEO
Axis Bank MD and CEO Amitabh Chaudhry says the current credit-growth cycle is more broad-based, with stronger bank capital, improved underwriting and better risk management
 "This credit-growth cycle is very different, says Axis Bank MD & CEO")
Currency in circulation growth hits five-year high, says RBI report
Currency in circulation rose 13.5% YoY to ₹43.46 trillion in October, while reserve money grew 10.3%, supported by FCNR(B) inflows and RBI liquidity measures
 "Currency in circulation growth hits five-year high, says RBI report")
Plan to enter credit card biz in six months: South Indian Bank MD & CEO
South Indian Bank MD & CEO Mahesh Pai plans to enter the credit card business within six months, boost retail lending, expand branches and target 15-16% credit growth over the next two years.
 "Plan to enter credit card biz in six months: South Indian Bank MD & CEO")
RBI opens special dollar window for oil firms as rupee comes under pressure
Special window for PSU oil companies from Monday; Forex dealers will not permit users to rebook any foreign exchange derivatives
 "RBI opens special dollar window for oil firms as rupee comes under pressure")
EMIs set to rise as RBI begins rate-hike cycle with 25 bps increase
RBI changes the policy stance to "calibrated tightening" from neutral
 "EMIs set to rise as RBI begins rate-hike cycle with 25 bps increase")
Benefit to economy is goal, not cost of RBI operations: Governor Malhotra
RBI Governor Sanjay Malhotra says profit or surplus is incidental to the central bank's operations, stressing overall economic benefits amid questions over swap costs.
 "Benefit to economy is goal, not cost of RBI operations: Governor Malhotra")
10 years of inflation targeting: How elephant was driven away to the jungle
India's inflation-targeting framework has anchored price expectations, but economists see scope to refine its mandate
 "10 years of inflation targeting: How elephant was driven away to the jungle")
MPC external members should be appointed full-time, says Chetan Ghate
Ghate says flexible inflation targeting has established a credible nominal anchor, while stronger monetary-fiscal coordination remains important for managing inflation
 "MPC external members should be appointed full-time, says Chetan Ghate")
'Best practices require publication of RBI letter on inflation target miss'
"Core inflation helps in assessing the persistence of inflationary pressures and the likelihood of second order effects"
 "'Best practices require publication of RBI letter on inflation target miss'")
RBI Bulletin: FCNR(B) boost for rupee dented by recent crude oil spike
Commercial banks mobilised $133 billion in FCNR(B) deposits after the RBI opened its concessional swap window in June, prompting the scheme to close a month early
 "RBI Bulletin: FCNR(B) boost for rupee dented by recent crude oil spike")
Liquidity normalisation key before RBI embarks on interest rate hikes
With global central banks raising rates, RBI may need to drain excess banking liquidity and align overnight rates with the repo rate before embarking on a fresh tightening cycle
 "Liquidity normalisation key before RBI embarks on interest rate hikes")
PNB to enter wealth management services, beef up credit card portfolio
The state-run lender plans to launch wealth management services in early 2027 and is adding 50,000-60,000 credit cards every month as it seeks new growth avenues
 "PNB to enter wealth management services, beef up credit card portfolio")
'Credit card growth will come from credible, smaller banks beyond top 5'
Gautam Aggarwal explains the opportunity for credit cards in the country, elucidates his strategy on services, and addresses his thoughts on a potential linkage to home grown payments network UPI
 "'Credit card growth will come from credible, smaller banks beyond top 5'")
Cards a key proposition in the affluent segment, says Suresh Sethi
Suresh Sethi, who took charge as Visa's group country manager for India & South Asia in April this year, addresses the growth challenge for cards amid the growing dominance of UPI
 "Cards a key proposition in the affluent segment, says Suresh Sethi")
Misselling has to be addressed at the point of sale: LIC's Doraiswamy
Doraiswamy spoke about LIC's plans to maintain its VNB margin at 24-25% and target double-digit growth, its investment strategy and distribution network
 "Misselling has to be addressed at the point of sale: LIC's Doraiswamy")
Bancassurance will be key to the insurance for all by 2047 goal: Padalkar
HDFC Life CEO Vibha Padalkar expects growth to return to early teens, with bancassurance, term insurance and non-par products driving expansion
 "Bancassurance will be key to the insurance for all by 2047 goal: Padalkar")
Kaizad Bharucha seen as strong contender for HDFC Bank's MD & CEO post
HDFC Bank's CEO succession race is heating up, with Kaizad Bharucha emerging as a strong internal contender alongside senior bankers from ICICI, Tata Capital and CSB Bank
 "Kaizad Bharucha seen as strong contender for HDFC Bank's MD & CEO post")
HDFC Bank's Sashidhar Jagdishan moots a 'clean slate' for successor
Challenges before India's largest private bank: From finding a new MD & CEO to reviving its margins
 "HDFC Bank's Sashidhar Jagdishan moots a 'clean slate' for successor")
HDFC Bank may resort to interim arrangement till it gets a regular CEO
Among internal candidates, Bharucha still has more than two years as board member
 "HDFC Bank may resort to interim arrangement till it gets a regular CEO")
DBS Bank India 'won't be all things to all people': MD & CEO Rajat Verma
DBS Bank India says the bank is keen to invest and grow the retail lending business but will be judicious in choice of retail products that they will offer
 "DBS Bank India 'won't be all things to all people': MD & CEO Rajat Verma")