 "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
Real-time risk scores on cards for digital payments to track fraud
Move aims to track originators of money transfers via mule accounts
 "Real-time risk scores on cards for digital payments to track fraud")
Rupee hitting 100 per dollar in the next six months? Not soon, say experts
Market participants said that any sharp depreciation towards the 100/$ level may prompt policy responses from the government and the RBI, similar to measures introduced during the 2013 currency crisis
 "Rupee hitting 100 per dollar in the next six months? Not soon, say experts")
Don't think India wants to move towards stringent capital controls: Kotecha
India is in a far healthier position from an economic perspective than it was during the taper tantrum period
 "Don't think India wants to move towards stringent capital controls: Kotecha")
MPC to look through West Asia shock if it's transitory: RBI Governor
Coordination with fiscal policy becomes critical amid 'supply shock as bad as it is', says Malhotra
 "MPC to look through West Asia shock if it's transitory: RBI Governor")
100 years on, Bajaj Group begins to build anew for India's future growth
Bajaj Group's centenary is less a celebration than a pivot into healthcare, electric mobility and the AI age
 "100 years on, Bajaj Group begins to build anew for India's future growth")
Succession pressure is lower as we have more group firms: Sanjiv Bajaj
Bajaj outlined the group's ambition to take Bajaj Finserv to every middle-class household in India over next 5 years and build it into country's "best" and one of its largest financial conglomerates
 "Succession pressure is lower as we have more group firms: Sanjiv Bajaj")
RBI employee protest over new promotion policy to continue this week
The RBI Officers' Association has opposed the central bank's new promotion policy, citing delayed career progression, stagnation and lack of manpower planning
 "RBI employee protest over new promotion policy to continue this week")
No impact on profitability for transition to ECL norms: Kalyan Kumar
Central Bank of India MD & CEO Kalyan Kumar says healthy loan growth will improve the CD ratio while cost-cutting measures will lower the cost-to-income ratio below 50 per cent in three years
 "No impact on profitability for transition to ECL norms: Kalyan Kumar")
RBI proposes to let lenders take control of collateral after default
RBI proposes draft norms allowing lenders to acquire collateral assets only after loans turn NPAs, aiming to improve recovery outcomes while ensuring transparency and prudence
 "RBI proposes to let lenders take control of collateral after default")
Sun Pharma exploring Eurobonds, bond swaps to fund US-based Organon buy
According to bankers, the Indian pharma major plans to raise around $10 billion from various sources, while the remaining will be funded through internal accruals
 "Sun Pharma exploring Eurobonds, bond swaps to fund US-based Organon buy")
Retail, agri credit growth pace to continue: Indian Bank MD & CEO
Indian Bank's CEO flags continued deposit pressure and cautious margin outlook even as credit growth and asset quality remain stable
 "Retail, agri credit growth pace to continue: Indian Bank MD & CEO")
Plan is to front-load ECL related provisions: Indian Overseas Bank MD & CEO
Indian Overseas Bank plans to front-load ECL provisions while sustaining credit growth, backed by strong retail, MSME, and agriculture lending momentum
 "Plan is to front-load ECL related provisions: Indian Overseas Bank MD & CEO")
Public-sector banks prepare to shore up capital before ECL shift
Move will also help lower govt shareholding
 "Public-sector banks prepare to shore up capital before ECL shift")
Market makers need to be responsible: RBI governor Sanjay Malhotra
With recent correction in financial asset valuations, expect improved net capital account position
 "Market makers need to be responsible: RBI governor Sanjay Malhotra")
More than 77% of 880.5 mt gold reserves held domestically, says RBI
Central bank increases domestic share of gold reserves to 77.23% in FY26, with holdings rising to 680 MT even as overall forex reserves and gold value expand
 "More than 77% of 880.5 mt gold reserves held domestically, says RBI")
Public sector banks grapple with empty boardroom seats, face challenges
8 of 11 nationalised banks don't have a chairperson
 "Public sector banks grapple with empty boardroom seats, face challenges")
Merchant bankers on board for ₹3,000 cr QIP: Punjab & Sind Bank MD & CEO
He said net interest margins have bottomed out and will increase in the current financial year
 "Merchant bankers on board for ₹3,000 cr QIP: Punjab & Sind Bank MD & CEO")
No risk of stagflation, underlying economic fundamentals strong: Ram Singh
Ram Singh says while such a pause cannot fix the supply disruption, it is an effective tool to mitigate a growth sacrifice that would worsen the output gap
 "No risk of stagflation, underlying economic fundamentals strong: Ram Singh")
'Growth-inflation tradeoff likely to have shifted adversely for near term'
RBI MPC member flags adverse shift in growth-inflation balance, warns of rising policy risks amid global uncertainty and persistent inflation expectations
 "'Growth-inflation tradeoff likely to have shifted adversely for near term'")
RBI cancels Paytm Payments Bank licence; cites governance lapses
Regulator cites governance concerns; says bank has sufficient liquidity to repay all deposits upon winding up and will approach High Court
 "RBI cancels Paytm Payments Bank licence; cites governance lapses")