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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.
Despite an improved external situation, Goldman expects rupee to underperform Asian peers
'FY24 will be a big year for us. We want to be profitable in all quarters - and for the full financial year'
There are 40-45 banking services like account opening, fixed deposits, loans that could be offered through the digital platform
Gold reserves dropped by Rs 24 million to Rs 46.151 billion, the RBI said
Rupee, after depreciating 11 per cent in 2022, has seen its fortune swinging in 2023 as it has gained 1.1 per cent against the dollar
Appoints Mohanty chairman until June 29, 2024; he'll then take over as MD & CEO
Barring the deal, Q4 net profit jumps 61% to Rs 6,625 crore
Talking about operational resilience, Das said banks need effective policies regarding cyber risks
Banking will completely shift from brick-and-mortar to online in some 10 years, he says
The first year premium during the first quarter was Rs 4467 crore as compared to Rs 2575 crore - an increase of 73.5%
Lenders cut spread to attract new customers
The SBI report analysed 7 sectors - Telecom. FMCG, Two-Wheeler, Passenger Vehicles, Retail Trade, Steel & Basic Metals
VNB has more than doubled and margins have expanded from 17 per cent to 32 per cent. So, given this, I would say, we have achieved more than we had told the market
ICICI Bank's yield on advances was 9.75 per cent during the January-March quarter, and in the previous quarter it was 9.13 per cent
Some analysts estimated HDFC Bank would need Rs 1 trillion for meeting the CRR/SLR norms
Actual outcomes may surprise; India Inc profits remain healthy despite many challenges, it says
In a Q&A, she explains why the rate setting panel's current focus should be to bring down inflation
'Lot of high frequency indicators are showing some signs of slowing'
RBI Governor Shaktikanta Das says situation dynamic and fast evolving
CMI findings show a marked increase in demand for credit cards and personal loans, indicating growing adoption of consumption-led credit products that provide convenience and liquidity