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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.
Move to help lenders to gain low cost deposits
Violations of regulatory guidelines were confirmed through supervisory scrutiny; the regulator dealt with some of these platforms bilaterally for remedial action
"RBI had advised all system providers to ensure that the entire data relating to payment systems operated by them is stored in a system only in India," said a source familiar with the development
Untenable to treat food price fluctuations 'transitory' in monetary policy settings: Report
Pressure on NIM cited, upside risk to headline inflation flagged
Policy must stay the course with close vigil on inflation trajectory, says governor
This journey over the past two and a half years has been remarkably engaging and incredibly interesting for me, Baldev Prakash, Jammu & Kashmir Bank, MD & CEO
The price is around 4.5 per cent lower than the average price of the week before the Union Budget, which was presented on July 23. Gold prices dropped after a reduction in the basic custom duty
Mr Ghosh had clearly articulated when he took the decision of retirement by the end of his tenure. He said the bank should decisively come out of the post pandemic problems
According to Das, in the rapidly evolving technology landscape, balancing financial stability, customer protection and competition will remain the key policy challenge
The report said digitisation can also bring new risks and challenges for customer protection and financial stability
According to analysts, banks with an LCR exceeding 130 per cent are relatively comfortable, though not many lenders boast such robust ratios
Headline numbers best communicated to common man; Govt needs to step up supply management
Additional 5% 'run-off' factor imposed on retail deposits in view of proliferation of digital banking
Seek measures like leeway in 90-day NPA classification
Gross advances increased by 11.46 per cent year-on-year and total deposits grew by 8.52 per cent year-on-year. The total business as of June 30 was Rs 21.36 trillion
Move towards 4% target should provide signal for monetary policy to respond
Estimate of 1.4-1.9% increase for Q4FY24 sparks debate about possible policy repo rate cut
Move follows SC ruling for complying with principles of natural justice
0.5-1% of new accounts opened by mules