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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.
NPCI owns and operates the Unified Payments Interface (UPI) platform
Company has enough liquidity and there is no governance at play, says NBFC's managing director
Flags governance concerns; Order special audit
Up to $3 bn inflows expected; they won't join Bloomberg Global Aggregate index
Move after no corrective action to address norm breach; ban to be reviewed after special audit; 2,721 gold loan branches manned by 15,000 employees
Shaktikanta Das said there's considerable scope for expanding digital payments
The MDR on UPI payments has been a longstanding demand from the fintech industry, asserting they don't generate revenue from such transactions
'Withdrawal' is now well understood to imply that the repo rate remains disinflationary and is aimed at bringing inflation towards the target, Goyal said
Few need time as no regulatory approval yet for new CEO
NPCI asked to help Paytm app continue operations
Varma says if the economy is not overheating, there is no need of a high real interest rate, which can choke growth
Microloans are unsecured. Conscious of this, the Kolkata-based Bandhan acquired affordable housing finance company Gruh Finance in 2019 from what was then HDFC Ltd
Patra said it was only when the inflation rate subsided and stayed close to the target lastingly that policy restraint could be eased
Ex-LIC head MR Kumar appointed as non-exec chairman of Bank of India
Unsecured loans rise despite higher risk weighting
HDFC Bank shares came under pressure after the Oct-Dec earnings numbers due to slower than expected growth in deposits and compression in net interest margin
Credit card 'core business' but will avoid competing with the country's private banks, says Kusal Roy
Merchants can accept payment if account linked to other banks
90% of its UPI users have accounts linked with other banks
5-judge bench of SC, comprising Chief Justice DY Chandrachud and Justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra, on Thursday barred SBI from any further issuance of electoral bonds