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 29 - Manojit Saha
We should be allowed to charge for UPI: Worldline India's Ramesh Narasimhan
In a Q&A, the company's CEO dwells on the huge opportunity the payments business provides in India and why there is a sudden rush to acquire an aggregator licence
 "We should be allowed to charge for UPI: Worldline India's Ramesh Narasimhan")
Household inflation expectations moderate, consumer confidence grows: RBI
The survey showed that household spending was buoyant on the back of higher essential and non-essential spending
 "Household inflation expectations moderate, consumer confidence grows: RBI")
Necessary to assess cumulative impact of action taken so far: RBI
"It is now necessary to assess the cumulative impact of our action taken so far"
 "Necessary to assess cumulative impact of action taken so far: RBI")
SBI to find out reasons behind outage, ensure such event don't recur
Surge in digital payments in the past few years has highlighted the need for banks to raise the capacity of their digital platforms
 "SBI to find out reasons behind outage, ensure such event don't recur")
Rupee weakens against dollar after OPEC+ supply cut, recovers later
According to a UBS India report, the rupee is likely to strengthen as the current account gap is expected to narrow in FY24
 "Rupee weakens against dollar after OPEC+ supply cut, recovers later")
MPC may raise rate by another 25 bps as inflation woes persist: BS Poll
All eyes on policy stance, pause signal
 "MPC may raise rate by another 25 bps as inflation woes persist: BS Poll")
Rupee weakens 7.8% against US dollar in FY23, most in three years
The rupee closed FY23 at 82.18 to a dollar, against 75.79 a year ago
 "Rupee weakens 7.8% against US dollar in FY23, most in three years")
In a first, 13 Citi-Axis branches to co-locate till merger transition
Clear signage to represent each banks' space; Citi to retain 14 branches
 "In a first, 13 Citi-Axis branches to co-locate till merger transition")
The Big 5 Viral Acharya mantras to benefit from China Plus One strategy
"It is hard therefore to find many products outside India that are manufactured by Indian firms," he said
 "The Big 5 Viral Acharya mantras to benefit from China Plus One strategy")
Assets should ideally be churned within five yrs: Arcil's Pallav Mohapatra
In a Q&A, the MD & CEO of the firm dwells on its business model and the focus on retail assets to drive volume, going forward
 "Assets should ideally be churned within five yrs: Arcil's Pallav Mohapatra")
Expected loss model: PSBs may seek pause on paying govt dividends
Sitaraman said banks' provisioning cover ratio was close to 75 per cent - the highest in about the last 25 years
 "Expected loss model: PSBs may seek pause on paying govt dividends")
HNIs & family offices may turn to AIFs after tax blow to debt MFs
Since debt MFs will now be on a par with AIFs on the taxation front, the returns on each will only be a function of yields
 "HNIs & family offices may turn to AIFs after tax blow to debt MFs")
Phasing out? Only 15-20% of ATMs dispense Rs 2,000 currency note
Cash dispensers reconfigure cassette with lower denominations
 "Phasing out? Only 15-20% of ATMs dispense Rs 2,000 currency note")
India better placed than most to face turmoil, says RBI report
'Core inflation defies softening of input costs'
 "India better placed than most to face turmoil, says RBI report")
Want to become a 360 degree financial services company: Religare's Saluja
"These are to get into asset reconstruction business, alternative investment fund business, wealth management and similar synergistic business, which the existing management can start"
 "Want to become a 360 degree financial services company: Religare's Saluja")
UBS needs RBI approval to operate Credit Suisse as a bank in India
This is because UBS had surrendered its bank licence about a decade back after the banking regulator denied its request to offer wealth management services
 "UBS needs RBI approval to operate Credit Suisse as a bank in India")
RBI rejects Bajaj Fin's plan for Philippines operations over FATF concerns
Philippines has been increasingly coming under the lens of the Financial Action Task Force, and has already been designated as an FATF grey list country
 "RBI rejects Bajaj Fin's plan for Philippines operations over FATF concerns")
Silicon Valley Bank collapse: RBI weighs up impact on banks, NBFCs
Seeks details about their exposure
 "Silicon Valley Bank collapse: RBI weighs up impact on banks, NBFCs")
Silicon Valley Bank crisis unlikely to affect Indian banks, say analysts
Have exposure to bigger banks only, not small ones: SBI chairman Khara
 "Silicon Valley Bank crisis unlikely to affect Indian banks, say analysts")
HDFC Bank to launch revamped payments, banking application soon
To take on Google Pay, PhonePe with new PayZapp
 "HDFC Bank to launch revamped payments, banking application soon")