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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Bond yields soften on lower than expected trade gap
May go up as RBI stays hawkish which likely to dent banks' trading profit
 "Bond yields soften on lower than expected trade gap")
No rate cut to harden bond yields; rupee may weaken
The street also of the view that RBI may again flag CAD as a concern on Monday due to which rupee may weaken next week
 "No rate cut to harden bond yields; rupee may weaken")
Govt interviews 2 candidates for SBI managing director post
Selection crucial, as one of them likely to head bank after Chaudhuri retires in September
 "Govt interviews 2 candidates for SBI managing director post")
Irda makes way for product approvals in one week
Insurance regulator has till now cleared 50 products under the new guidelines
 "Irda makes way for product approvals in one week")
India Inc's excessive reliance on forex borrowing risky: RBI
Indian companies' foreign borrowings have gone up sharply due to availability of funds at cheap rates
 "India Inc's excessive reliance on forex borrowing risky: RBI")
Rupee hits record low, makes it difficult for RBI to cut rate
In toay's opening trade the partially convertible rupee was at 58.35 per dollar, a life low
 "Rupee hits record low, makes it difficult for RBI to cut rate")
Banks mull recast of Rs 4,000 crore Winsome debt
PNB, Canara Bank, had opened letters of credit to winsome Diamonds and Jewellery for the purchase of gold; however, after the firm failed to pay the bullion lenders, the aforementioned invoked the LCs
 "Banks mull recast of Rs 4,000 crore Winsome debt")
RBI to give new licensees more time to set up banks
Clarification today; application deadline may be extended but no leeway on priority-sector targets
 "RBI to give new licensees more time to set up banks")
Single base rate has rigidity: S S Mundra
Interview with Chairman & Managing Director, Bank of Baroda
 "Single base rate has rigidity: S S Mundra")
RBI wants stricter norms for gold import firms
The central banks had said gold import by banks will only be restricted to consignment basis to meet genuine needs of exporters
 "RBI wants stricter norms for gold import firms")
Deadline for new bank permits could be extended
RBI thinks aspirants will need more time to finalise applications
Banks cry foul as gold importers raise premium
The RBI, in annual policy review, had proposed to restrict import of gold on consignment basis by banks only to meet genuine needs of exporters of gold jewellery
Entering banking will help us service clients better: Vikram Limaye
Interview with MD and CEO, IDFC
 "Entering banking will help us service clients better: Vikram Limaye")
India Inc faces tighter ECB guidelines
The Reserve Bank has been exploring the option of lowering all-in-cost ceiling as spreads soften
 "India Inc faces tighter ECB guidelines")
General insurance arm stake sale by December: Sam Ghosh
Interview with Chief Executive Officer, Reliance Capital
 "General insurance arm stake sale by December: Sam Ghosh")
Takru to meet senior bank officials today
Revival of Maheshwar hydel project on agenda; to take stock of DBT
 "Takru to meet senior bank officials today")
FinMin to meet banks for reviving Maheshwar Hydel project
Will also take stock on Direct Benefit Transfer from banks
 "FinMin to meet banks for reviving Maheshwar Hydel project")
50 bps rate cut possible if monsoon is good, inflation falls further: Ashima Goyal
Q&A with external member, Technical Advisory Committee of RBI
 "50 bps rate cut possible if monsoon is good, inflation falls further: Ashima Goyal")
If bank boards aren't capable, nothing much can be done: K C Chakrabarty
Interview with RBI deputy governor
 "If bank boards aren't capable, nothing much can be done: K C Chakrabarty")
Bilcare debt recast gets complicated
United Bank of India labelling dues as non-performing assets
 "Bilcare debt recast gets complicated")