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.
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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")
RBI pushes for return of unclaimed bank deposits over next 3 months
Balances in savings or current accounts that have not been operated for 10 years, or term deposits not claimed within 10 years from the date of maturity, are classified as 'unclaimed deposits'
 "RBI pushes for return of unclaimed bank deposits over next 3 months")
RBI considers allowing lenders to lock borrowers' phone after loan default
Adequate safeguards key for customer protection
Citi sees $10-12 billion IPO pipeline in 3 quarters, says Amol Gupte
Citi's Amol Gupte says India's reform push and strong domestic demand will help navigate US tariff shocks; sees GST cuts boosting growth, FDI pipeline intact
 "Citi sees $10-12 billion IPO pipeline in 3 quarters, says Amol Gupte")
Banks urge RBI to extend G-Sec issuances into March amid heavy supply
Urge state bond auction via uniform pricing; more of shorter tenure bonds in H2
 "Banks urge RBI to extend G-Sec issuances into March amid heavy supply")
GST reforms expected to lower inflation, create room for rate cut
A rate cut will also depend on how the central bank assesses growth, post the 50 per cent tariff imposed by the US, with the additional 25 per cent came into effect from late August
 "GST reforms expected to lower inflation, create room for rate cut")
US tariffs pose downside risk to aggregate demand, says RBI report
Headline inflation to remain significantly below target this year; S&P upgrade bodes well for yields
Gems and jewellery sector seeks RBI relief as 50% US tariffs hit exports
Facing a 50% US tariff on exports, the gems and jewellery sector has asked the RBI for loan relief and EMI support, warning of payment delays, job losses and sector-wide stress
 "Gems and jewellery sector seeks RBI relief as 50% US tariffs hit exports")
New Development Bank appoints RBI's Rajiv Ranjan as vice president
NDB, the BRICS multilateral bank, named RBI executive director Rajiv Ranjan vice president and chief risk officer for five years; he will assume charge in September
 "New Development Bank appoints RBI's Rajiv Ranjan as vice president")
After a 4-month record in FY26, corporate bond issuances slow down in Aug
Market participants said that the bond market is currently in a wait-and-watch mode due to multiple uncertainties amid supply pressures from state bonds and central government bonds
 "After a 4-month record in FY26, corporate bond issuances slow down in Aug")
More supply at longer end, GST-cut proposal keep bond yields elevated
Yields on state government bonds also hardened sharply. The 10-year SDL yield, which was in the range of 6.84-6.88 per cent in the first week of April, has climbed to 7.09-7.17 per cent as of Aug 19
 "More supply at longer end, GST-cut proposal keep bond yields elevated")
RBI floats discussion paper to review inflation targeting framework
RBI has launched a discussion paper to review its inflation targeting framework, focusing on the core vs headline inflation debate, the 4% target, and tolerance band before next review in March 2026
Future policy actions dependent on growth-inflation dynamics: Nagesh Kumar
Hopefully, the penal tariffs for Russian oil purchase will be withdrawn, and the ongoing bilateral trade negotiations will succeed in eventually bringing down the US tariffs on Indian exports to more
 "Future policy actions dependent on growth-inflation dynamics: Nagesh Kumar")
'If 50% tariffs continue, near-term adverse impact on growth very likely'
The importance of domestic savings is likely to increase, given the uncertainties on our external balance
 "'If 50% tariffs continue, near-term adverse impact on growth very likely'")
RBI's MPC minutes: Status quo in August hinged on tariffs, rate-cut outcome
All the six members of the MPC unanimously decided to keep the policy repo rate unchanged at 5.5 per cent while maintaining the "neutral" stance
 "RBI's MPC minutes: Status quo in August hinged on tariffs, rate-cut outcome")
