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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.
The RBI has proposed a comprehensive data governance framework for banks and NBFCs, focusing on customer consent, data quality, third-party sharing and board oversight
A strike by cash-loading staff of cash management companies may disrupt ATM cash replenishment in several states as workers press for higher wages
Balasubramanian said the Reserve Bank of India's recent measures to attract foreign capital could bring as much as $75 billion in inflows
SBI is the only domestic bank to participate in the loan syndication
The development comes as the British lender is turning its focus toward advisory-led services like wealth management
HDFC Bank is banking on former Finance Secretary Rajiv Kumar's appointment as chairman to restore investor confidence after Atanu Chakraborty's sudden resignation
Sources said there is no cross-default linkage between the debt of Jana Small Finance Bank and Jana Capital, with the holding company continuing to pare its stake in the lender
Foreign investors pumped a net Rs 55,518 crore into debt in June, exceeding equity outflows, as RBI and government measures boosted the appeal of Indian government bonds
Fx volatility may rise if oil prices spike due to supply chain risks
RBI's Financial Stability Report shows bank NPAs fell to record lows in March, though stress tests indicate a modest rise under the baseline scenario by March 2028
Preserving financial stability more important than ever, says RBI governor Sanjay Malhotra
Standard Chartered expects strong FCNR(B) inflows from key overseas centres as RBI's latest measures boost foreign currency deposits and cross-border banking
Premium rose steadily after HDFC secured tightest-ever spread for an Indian lender
Recent policy measures likely to push up sovereign debt demand
The growth-inflation outlook remains clouded despite easing West Asia tensions, with risks from food prices and supply chains, says Bhattacharya
SBI rolled out a 9x leverage facility under RBI's FCNR(B) scheme as India's forex reserves fell sharply on lower gold valuations
RBI Monetary Policy Committee members highlighted risks of inflation becoming broad-based and stressed uncertainty around growth and prices due to the West Asia conflict
Bank of India expects up to $1 billion in FCNR-B inflows under RBI's special window, while maintaining strong credit growth and preparing for ECL norms
Bloomberg's review of its flagship global index is scheduled for mid-June this year
The decision to hold rates was unanimous. The MPC also retained the neutral stance on policy