 "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 28 - Manojit Saha
Axis Bank's infusion will give Max Life enough capital for 2 yrs: Tripathy
This deal was for Axis Bank to go up to 20%, and in the first tranche they had done 13 and 7 more was to go
 "Axis Bank's infusion will give Max Life enough capital for 2 yrs: Tripathy")
India to enter JP Morgan's EM bond index; set for $20 billion inflow
To have 10% weight, like China; no tax benefits for bond investors
 "India to enter JP Morgan's EM bond index; set for $20 billion inflow")
RBI's stringent norms: Wilful defaulters must be identified within 6 months
NBFCs, co-op banks allowed to name defaulters
 "RBI's stringent norms: Wilful defaulters must be identified within 6 months")
Would like to see 10-12% of funding met by public deposits: CEO, LIC HF
Most of our funding, around 52-53%, is through NCD issues, says Adhikari
 "Would like to see 10-12% of funding met by public deposits: CEO, LIC HF")
HDFC Bank-Diners Club eyes B2B space to grow credit card business
With over 18 million cards in circulation, HDFC Bank is the largest issuer of credit cards in India with monthly spends of around Rs 40,000 crore
 "HDFC Bank-Diners Club eyes B2B space to grow credit card business")
Chief executives of shadow banks urge RBI to allow public deposits
Number deposit taking NBFCs fell sharply in last 8 years
 "Chief executives of shadow banks urge RBI to allow public deposits")
RBI must seriously consider deposit licences for NBFCs: Ajay Piramal
"By the end of September, we will have approximately Rs 6000 crore of cash in the balancesheet, which is much more than the LCR requirements"
 "RBI must seriously consider deposit licences for NBFCs: Ajay Piramal")
Baroda UP Bank to rationalise over 250 branches in semi-urban, rural areas
Appoints BCG for organisational revamp
 "Baroda UP Bank to rationalise over 250 branches in semi-urban, rural areas")
Shareholders thwart Kerala-based Federal Bank's ESOP extension plan
Not enough takers for plans to extend schemes for associate firms, subsidiaries
 "Shareholders thwart Kerala-based Federal Bank's ESOP extension plan")
Liquidity overhang should not pose a risk to inflation: Ashima Goyal
For food price shocks supply-side measures are more effective. The government has long experience with intervention in the food economy, Goyal opines
 "Liquidity overhang should not pose a risk to inflation: Ashima Goyal")
Rate cuts possible when real interest rate becomes excessive: Jayant Varma
'Cooling commodity prices augers well for inflation in the medium term'
 "Rate cuts possible when real interest rate becomes excessive: Jayant Varma")
Second round of food price shocks? MPC members in wait-and-watch mode
Das says RBI remains committed to aligning inflation with 4% target
 "Second round of food price shocks? MPC members in wait-and-watch mode")
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")