)
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.
There are respected names arguing both for and against this recommendation of the Urjit Patel committee
Among the four such posts, one becomes vacant in June with K C Chakrabarty's retirement
Only 4-5 applicants could make the cut; India Post has little chance
Lax credit appraisal and rivalry at the top may have caused the rise in bad assets, but the episode raises larger questions on the role of leaders in PSU banks
Interview with CMD, Punjab National Bank
Q&A with chairman and managing director, Punjab National Bank
Interview with CMD, Oriental Bank of Commerce
If the recommendations of the panel headed by former RBi governor Bimal Jalan are followed, companies whose names figure in the telecom spectrum and the coal block allocation scams will not get licenc
Interview with Secretary (financial services), Ministry of Finance
Gross NPA close to 6%; gross advances at the end of FY13 at Rs 96,394 crore
Urjit Patel panel suggestions to be accepted only after major changes; most monetary policy committee members may be external
Election code of conduct not to affect licence process
Starts daily monitoring of recovery efforts, wants things to get better before lender seeks any more capital
Major setback to RBI's ambition of making foreign banks convert their branches into subsidiaries
Capital restoration plan, curbs on lending likely; govt may have to dilute stake
Telecom department says spectrum can't be used as collateral because it's government property
Interview with Chairman & managing director, Dena Bank
Bankers not keen to lend via scheme as govt owes them Rs 1,100 cr
Government yet to pay Rs 1100 crore to banks