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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Negative real interest rate for savers behind RBI's govt bond buying plan
Central bank acknowledges further interest cuts unlikely as a recent rollback of small savings rate cut showed.
 "Negative real interest rate for savers behind RBI's govt bond buying plan")
RBI balances liquidity absorption with calendar on bond purchase
Central bank announces variable rate reverse repo auctions (VRRR) to suck out liquidity
 "RBI balances liquidity absorption with calendar on bond purchase")
RBI boosts back-up, cuts staff attendance as Covid-19 infections surge
Banks await Centre's direction even as customers flock branches
 "RBI boosts back-up, cuts staff attendance as Covid-19 infections surge")
How long will the RBI continue with its extreme accommodative stance?
Status quo expected on Wednesday, but guidance will hold the key for bond market
 "How long will the RBI continue with its extreme accommodative stance?")
Under Modi regime, private banks outnumber PSBs on new rural branches
Since 2014, public sector banks' branch network in rural and semi urban has grown by a mere 4,000 - from 49,859 in 2014 to 53,467 while for private sector banks, it doubled from 9,673 to 18,437
 "Under Modi regime, private banks outnumber PSBs on new rural branches")
Increased participation in NDF market a concern for RBI's forex management
Banks had informed RBI on surge in carry trade at a meeting last week
SC's compound interest waiver may have impact of Rs 7,000 crore: Analysts
Banks unlikely to be impacted a lot as the level of debt recast had been low
 "SC's compound interest waiver may have impact of Rs 7,000 crore: Analysts")
RBI Dy Guv Kanungo may get extension; interviews to find successor nixed
The move comes at a time when the central bank is working on digital currency
Finance ministry cracks the whip on insurance companies for ignoring MSMEs
Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel's recommendations
 "Finance ministry cracks the whip on insurance companies for ignoring MSMEs")
A few things the RBI should be mindful of before issuing own bonds
Another discretionary tool to manage liquidity may be a timely one
 "A few things the RBI should be mindful of before issuing own bonds")
Go Air receives Rs 800 cr lifeline from banks amid turbulent times
With this credit line, the airline will not need to recast its loans
 "Go Air receives Rs 800 cr lifeline from banks amid turbulent times")
Video KYC: Private banks hit the ground the running, while PSBs lag
Contactless identification could be a gamechanger in the post-Covid world
 "Video KYC: Private banks hit the ground the running, while PSBs lag")
Coming soon: Pay life insurance premium in advance, get a discount
IRDAI proposes to link discount with SBI savings bank rate, which is currently at 2.7%
 "Coming soon: Pay life insurance premium in advance, get a discount")
Unsecured loans come back to haunt private banks after 13-year gap
ICICI Bank, Axis, among others see rise 'proforma' slippages in Q3
 "Unsecured loans come back to haunt private banks after 13-year gap")
BS READS: Some mistakes India must avoid this time to make DFIs a success
Now that DFIs are making a comeback, three key issues will be crucial for their success -the availability of long-term funds at a reasonable cost, private-sector ownership, and professional management
 "BS READS: Some mistakes India must avoid this time to make DFIs a success")
Fin sector may see 'facelift' this year as term of many honchos set to end
BBB starts selection process as nearly half a dozen public sector bank CEOs' term comes to an end
 "Fin sector may see 'facelift' this year as term of many honchos set to end")
IOB takes the long road to recovery
After RBI initiated non-credit prompt corrective action against Indian Overseas Bank, it is getting aggressive on recovery of dues from its borrowers
 "IOB takes the long road to recovery")
Banks to face RBI heat for not passing on base rate cut benefit
Central bank sees action as discriminatory, unfair
 "Banks to face RBI heat for not passing on base rate cut benefit")
Why RBI should use its powers to supersede inefficient bank boards
Regulator needs to send a strong signal to errant lenders
 "Why RBI should use its powers to supersede inefficient bank boards")
RBI pulls up bosses for IOB mess
Appointments made by NDA govt after cancelling UPA proposals
 "RBI pulls up bosses for IOB mess")
