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.
Page 7 - Manojit Saha
Weighted moves: RBI's shock therapy restores stability to the forex market
The Indian currency's rapid fall from 85 to 86 in just 16 days, and from 86 to 87 in another 15 days, highlights the volatility in the foreign-exchange market during those months
 "Weighted moves: RBI's shock therapy restores stability to the forex market")
Banks will wait for next qtr to see if deposit rates can be cut: C S Setty
He said the asset liability committee of the bank will meet this week and the external benchmark linked loans would be reduced from this month itself
 "Banks will wait for next qtr to see if deposit rates can be cut: C S Setty")
RBI ends rate cut wait; Sanjay Malhotra stresses 'less restrictive' policy
First repo cut in 5 yrs, of 25 bps to 6.25%, set to ease home loan rates; MPC keeps 'neutral' stance
 "RBI ends rate cut wait; Sanjay Malhotra stresses 'less restrictive' policy")
Economic Survey 2024-25: Excessive financialisation can hurt economy
Economic Survey warns against dominance of financial markets
 "Economic Survey 2024-25: Excessive financialisation can hurt economy")
Customer centricity will be our focus area: Indian Bank MD Binod Kumar
My expectation is there will be some moderation in credit growth while deposit growth may improve, said Indian Bank MD Binod Kumar
 "Customer centricity will be our focus area: Indian Bank MD Binod Kumar")
High yield comes with high risk in the long run, says Pralay Mondal
He explains the reasons behind flat profit growth in the third quarter (Q3) and margin compression
 "High yield comes with high risk in the long run, says Pralay Mondal")
Experts see change of tack in Reserve Bank of India's liquidity handling
They say central bank is focused on durable relief rather than ad hoc support
 "Experts see change of tack in Reserve Bank of India's liquidity handling")
RBI Governor Sanjay Malhotra flags rising issue of digital frauds
Asks banks to suggest steps for enhancing ease of doing business
 "RBI Governor Sanjay Malhotra flags rising issue of digital frauds")
Aim to double biz within 3 years: J&K Bank MD & CEO Amitava Chatterjee
Ambition to double the business level to double even before three years, says Chatterjee
 "Aim to double biz within 3 years: J&K Bank MD & CEO Amitava Chatterjee")
Kotak Mahindra Bank Q3 results: Consolidated net up 10% at Rs 4,701 crore
Net interest income grew by 10 per cent Y-o-Y to Rs 7,196 crore, while fees and services for Q3FY25 also grew 10 per cent to 2,362 crore
 "Kotak Mahindra Bank Q3 results: Consolidated net up 10% at Rs 4,701 crore")
Growth set to rebound, food inflation needs monitoring: RBI report
Banks reluctant to lend in money markets amid tight liquidity conditions
 "Growth set to rebound, food inflation needs monitoring: RBI report")
Rupee hits new low of 86.68 per dollar as oil importers boost demand
RBI's intervention policy unlikely to have changed
 "Rupee hits new low of 86.68 per dollar as oil importers boost demand")
Is foreign exchange rate stability desirable? Not really, data shows
RBI showing greater tolerance for exchange rate under Governor Malhotra
 "Is foreign exchange rate stability desirable? Not really, data shows")
Ahead of Feb policy, RBI guv Malhotra to meet bank chiefs on Thursday
The interaction is part of the pre-monetary policy consultations
 "Ahead of Feb policy, RBI guv Malhotra to meet bank chiefs on Thursday")
December numbers signal improving microfinance situation: MFIN CEO
'Committed to ensure rates are set so that micro lending is viable, gains are passed to clients'
 "December numbers signal improving microfinance situation: MFIN CEO")
Cease & desist: Reserve Bank of India's quick shift on NBFC curbs
In December, the restriction was lifted for Navi Finserv, and this month, it was removed for the remaining three NBFCs
 "Cease & desist: Reserve Bank of India's quick shift on NBFC curbs")
RBI Guv Malhotra asks staff to emphasise customer centricity in NY message
The central bank is facing challenges on the currency front, which has been under pressure in the last few months
 "RBI Guv Malhotra asks staff to emphasise customer centricity in NY message")
On slippery slope: Rupee hits fresh low, extends losing streak to 7 years
Despite the decline, India's foreign exchange reserves remain the fourth largest in the world
 "On slippery slope: Rupee hits fresh low, extends losing streak to 7 years")
Private banks masking worsening retail asset quality with write-offs: RBI
The GNPA ratio for unsecured lending was marginally higher, at 1.7 per cent
 "Private banks masking worsening retail asset quality with write-offs: RBI")
Looking ahead: Financial sector braces for leadership changes in 2025
Two public sector banks, Punjab National Bank (PNB) and Indian Bank, will welcome new leaders at the start of the year as their current incumbents retire on December 31, 2024
 "Looking ahead: Financial sector braces for leadership changes in 2025")
