Manojit Saha
 "Manojit Saha")
Manojit Saha
Manojit Saha is the Banking Editor at Business Standard based in Mumbai, tracking the financial sector for over two decades, with a focus on central bank and monetary policy making. He also contributed to Business Standard’s digital offering – The Banking Show – with interviews with business leaders, CEOs, and important policymakers. He anchored panel discussions comprising CEOs from banking, insurance, NBFCs and fintech industry for the Business Standard BFSI Insight Summit, Business Standard-IMGC India Mortgage Leadership Conclave, among others.
Manojit Saha is the Banking Editor at Business Standard based in Mumbai, tracking the financial sector for over two decades, with a focus on central bank and monetary policy making. He also contributed to Business Standard’s digital offering – The Banking Show – with interviews with business leaders, CEOs, and important policymakers. He anchored panel discussions comprising CEOs from banking, insurance, NBFCs and fintech industry for the Business Standard BFSI Insight Summit, Business Standard-IMGC India Mortgage Leadership Conclave, among others.
Manojit Saha
Reserve Bank of India announces relief for exporters amid trade worries
The RBI has extended export credit timelines, eased repayment norms and allowed flexibility in realising proceeds to help exporters cope with disruptions triggered by US tariff action
 "Reserve Bank of India announces relief for exporters amid trade worries")
Draft ECL framework: Banks plan to move RBI for lower Stage-II floor
Banks are planning to make a representation to the regulator shortly. The deadline for submitting feedback on the draft ECL framework is November 30
 "Draft ECL framework: Banks plan to move RBI for lower Stage-II floor")
Reserve Bank of India nudges states to rejig borrowing amid rising yields
Bond mkt expects OMO calendar in Dec policy review
 "Reserve Bank of India nudges states to rejig borrowing amid rising yields")
RBI flags concern over elevated bond yields; OMO unlikely in November
RBI engages with market participants amid widening India-US yield spread; bond purchases unlikely before final CRR cut at month-end
 "RBI flags concern over elevated bond yields; OMO unlikely in November")
Open to small or medium buying opportunities: Piramal Finance MD & CEO
Jairam Sridharan, MD & CEO, Piramal Finance shares the rationale of the entire exercise and the growth roadmap for the upper layer NBFC in a conversation with Aathira Varier and Manojit Saha in Mumbai
 "Open to small or medium buying opportunities: Piramal Finance MD & CEO")
RBI likely to increase the number of NBFCs under upper layer list
RBI may expand the upper layer of NBFCs amid rising size and interconnectedness, bringing more large public and private sector NBFCs under enhanced regulatory norms
 "RBI likely to increase the number of NBFCs under upper layer list")
NBFC and fintechs' micro loan play catches regulatory attention
NBFCs and fintechs are filling the gap left by cautious banks in micro lending, even as regulators monitor rising exposure and borrower indebtedness in the segment
 "NBFC and fintechs' micro loan play catches regulatory attention")
J&K Bank sees margins gradually improve if rates hold steady: MD & CEO
MD & CEO Amitava Chatterjee says half of J&K Bank's loan book will come from branches outside the Union Territory within two years, as the lender diversifies after recent disruptions
 "J&K Bank sees margins gradually improve if rates hold steady: MD & CEO")
Commercial banks may not need RBI approval for floating subsidiaries
Regulator to emphasise on non-duplication of businesses
 "Commercial banks may not need RBI approval for floating subsidiaries")
India resilient but not immune to global headwinds, says RBI report
RBI's State of the Economy report highlights India's macro strength despite global volatility; notes negative FDI inflows and rising policy uncertainty worldwide
 "India resilient but not immune to global headwinds, says RBI report")
Scope for providing more monetary boost to growth: MPC member Ram Singh
Ram Singh signals potential for multiple rate cuts in FY26-FY27, citing low inflation and scope for accommodative monetary policy to support growth
 "Scope for providing more monetary boost to growth: MPC member Ram Singh")
MPC Minutes: Members see scope for more rate cuts, await full impact
MPC members see room for easing as inflation cools, but hold rates steady to gauge the full impact of earlier policy steps
 "MPC Minutes: Members see scope for more rate cuts, await full impact")
Analysts say top pvt banks, PSBs well positioned for ECL norm transition
Analysts say large lenders like HDFC Bank, ICICI Bank and SBI have strong provisioning buffers, while those with unsecured or microfinance exposure may face higher impact
RBI Governor warns of rising digital frauds, urges fintechs to build trust
Malhotra also said the central bank is conceptualising "Unified Market Interface" as a new next-generation financial market infrastructure
 "RBI Governor warns of rising digital frauds, urges fintechs to build trust")
RBI move on M&A funding likely to revive corporate credit demand
Also enable corporate sector to capture sizeable share of acquisition financing mkt
 "RBI move on M&A funding likely to revive corporate credit demand")
Banks get 4 years to spread provisions for ECL norms, MSME relief ahead
Moreover, the regulator proposed tweaking risk weights for loan to MSME and residential housing loans, which will release capital for banks
 "Banks get 4 years to spread provisions for ECL norms, MSME relief ahead")
RBI unveils 22 measures to boost credit flow, ease home loan burden
Indian banks are now also allowed to fund acquisitions of non-financial entities and to finance land acquisition by special purpose vehicles, quelling a long standing demand of lenders
 "RBI unveils 22 measures to boost credit flow, ease home loan burden")
RBI maintains repo rate at 5.5%, keeps door open for December cut
The central bank has lowered its inflation projection for FY26 to 2.6 per cent from 3.1 per cent, and for the first quarter of the next financial year to 4.5 per cent from 4.9 per cent
 "RBI maintains repo rate at 5.5%, keeps door open for December cut")
Tata Capital's IPO likely to hit market in the first half of October
Tata Capital is set to launch its IPO in October to raise Rs 16,500-17,500 crore, providing growth capital for 2-3 years as Tata group stake declines to 86.5% post issue
 "Tata Capital's IPO likely to hit market in the first half of October")
September RBI bulletin: Stage is set for 'virtuous cycle' of investment
Net FDI inflows at 38 month high in July; GST rate cut to lower retail prices, boost consumption
 "September RBI bulletin: Stage is set for 'virtuous cycle' of investment")
