Manojit Saha
 "Manojit Saha")
Manojit Saha
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.
Page 23 - Manojit Saha
BoB withdraws Sunny Deol's villa auction notice, cites technical reasons
Reversal in decision comes within a day of the initial auction notice for the actor's Juhu property
 "BoB withdraws Sunny Deol's villa auction notice, cites technical reasons")
RBI's new guidelines: Home loan borrowers can switch to fixed rate at reset
RBI guidelines bar penal interest rates on loans, negative amortisation
 "RBI's new guidelines: Home loan borrowers can switch to fixed rate at reset")
I-CRR move to prevent 'asset price bubble': RBI's state of economy report
Major reforms needed to tackle monsoon veg price shock
 "I-CRR move to prevent 'asset price bubble': RBI's state of economy report")
The family and the feud: Trouble brews in the Raunaq Singh family
Sachit Kanwar moves court against father Surinder over settlement
 "The family and the feud: Trouble brews in the Raunaq Singh family")
We are focussing to grow non-par premium: LIC chairman Siddhartha Mohanty
Mohanty shares LIC's three pronged strategy - agency, bancassurance and digital channels, to boost growth and margins
 "We are focussing to grow non-par premium: LIC chairman Siddhartha Mohanty")
We are focussing on growing premium from non-par products: LIC chairman
We are expecting good growth in the festive season, says Siddhartha Mohanty, Chairman, LIC
 "We are focussing on growing premium from non-par products: LIC chairman")
Monetary policy review: RBI holds rates steady as inflation looms large
Repo rate remains at 6.5%; FY24 inflation forecast up at 5.4%; surprise incremental CRR move to drain out over Rs 1 trillion
 "Monetary policy review: RBI holds rates steady as inflation looms large")
Recent spike in CPI inflation is expected to be short lived, says RBI
Monetary policy has made significant progress towards price stability; the recent spike in CPI inflation is expected to be short lived, going by past trends
 "Recent spike in CPI inflation is expected to be short lived, says RBI")
Air India in talks with commercial banks for Rs 3,000 crore loan
In talks with banks to fund down-payment under sale & leaseback deals
 "Air India in talks with commercial banks for Rs 3,000 crore loan")
Marsh India expects growth of 20-25% in next year, says Sanjay Kedia
Marsh India has seen consistent growth year after year, crossed 8,000 corporate clients in India and the total amount of premium placed for the financial year ending March 2023, was Rs 15,000 Cr
 "Marsh India expects growth of 20-25% in next year, says Sanjay Kedia")
SBI Q1 results: Net profit up 178% to Rs 16,884 cr, NII rises 25%
Credit growth robust in all segments, says chairman of public sector lender
 "SBI Q1 results: Net profit up 178% to Rs 16,884 cr, NII rises 25%")
The focus is certainly on VNB growth: ICICI Pru Life Insurance MD & CEO
No partner has more than 2-3 per cent concentration with us
 "The focus is certainly on VNB growth: ICICI Pru Life Insurance MD & CEO")
Borrowing costs may come down from Q3: Mahindra Finance's Ramesh Iyer
Ramesh Iyer, vice-chairman and managing director, tells Manojit Saha, in a telephonic interview, that NBFC is on track to increase its balance sheet to Rs 1.25 trillion by 2025
 "Borrowing costs may come down from Q3: Mahindra Finance's Ramesh Iyer")
IFC's stake will go up to 7.3% post infusion: Federal Bank's Srinivasan
"We have seen reasonably good growth and the outlook for growth remains quite constructive and positive. Now we must raise capital for funding the next wave of growth," said Shyam Srinivasan
 "IFC's stake will go up to 7.3% post infusion: Federal Bank's Srinivasan")
Additional Tier-1 bond issuances by banks likely to decline in FY24
Mutual funds stays away after Sebi valuation norm change
 "Additional Tier-1 bond issuances by banks likely to decline in FY24")
Axis Bank Q1 net profit jumps 41% to Rs 5,797 crore, asset quality improves
Amitabh Chaudhry, managing director and chief executive officer, Axis Bank, mentioned that there is a visible improvement in the quality of the deposit franchise
 "Axis Bank Q1 net profit jumps 41% to Rs 5,797 crore, asset quality improves")
Fundraising activity in debt market gathers speed ahead of festival season
Nabard, Tata Capital, Mahindra Finance to tap into market
 "Fundraising activity in debt market gathers speed ahead of festival season")
ICICI Bank Q1 profit rises 40% to Rs 9,648 cr, net interest income up 38%
The gross NPA ratio was 2.76 per cent at June 30, 2023, compared to 2.81per cent at March 31, 2023
 "ICICI Bank Q1 profit rises 40% to Rs 9,648 cr, net interest income up 38%")
Will look at reverse merger if viable to shareholders: Utkarsh SFB MD & CEO
'During the last six years, we have created new verticals like MSME, affordable housing, and small corporates'
 "Will look at reverse merger if viable to shareholders: Utkarsh SFB MD & CEO")
From Africa to Latin America, trade in local currencies on the cards
Move comes after RBI-UAE Central Bank inks historic pact last week
 "From Africa to Latin America, trade in local currencies on the cards")