Manojit Saha

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

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

'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

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

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

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

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

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 may resort to interim arrangement till it gets a regular CEO

Among internal candidates, Bharucha still has more than two years as board member

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

RBI may tighten liquidity via iCRR before resorting to repo rate hike

The RBI may use an incremental CRR to absorb rising surplus liquidity before raising the repo rate, as core liquidity could approach ₹10 trillion in coming weeks

Monsoon revival 'partly mitigates' agri sector risks: RBI's August Bulletin

FDI flows revives in June: Robust Q1 eco momentum continued in July

'Not suggesting next policy move is a hike, but there is a need to relook'

RBI MPC member Saugata Bhattacharya says the repo rate may need reassessment if inflation broadens, but current data does not warrant a rate-hike cycle

HDFC, PNB lead banks lining up for the next wave of dollar bonds

HDFC Bank's latest $1.75 billion fundraise through the twin dollar bond issuance takes the bank's total fundraising through dollar bonds over the past two months to $2.5 billion

RBI MPC members hint at rate hike as inflation may rise in coming months

RBI MPC members flagged the possibility of a rate hike as headline inflation is projected to peak at 5.9 per cent in the third quarter of the current financial year

Growth has to be achieved with hawkish eye on risk: South Indian Bank

South Indian Bank targets ₹3.25 trillion in total business within three years, with a focus on digital banking, retail assets, stronger efficiency and expansion into western India

Why Jio Credit is emerging as Bank of America's key India growth engine

Bank of America's $1.9 billion investment could fuel Jio Credit's growth for at least two years as the fast-growing NBFC expands into new areas of lending.

RBI officers seek HR policy review, time-bound promotions up to Grade E

Staff body seeks five-year qualifying service for financial upgradation across grades up to Grade E and calls for a more inclusive work environment for women officers

A dovish pause: RBI holds steady, rate hike off the table in FY27

The RBI cited uncertainties around the monsoon, El Nino, geopolitics and global trade while opting to keep policy rates unchanged for a fourth meeting

Govt tweaks MFI credit guarantee rules to boost scheme utilisation

The government has eased norms under the microfinance credit guarantee scheme to boost fund flow to smaller lenders as utilisation of the ₹20,000-crore corpus remains low