)
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.
Central bank can rescue a bank that is solvent but has temporary liquidity woes
Seeks CEO probables' names soon; bank mcap slips Rs 19K cr
This is the second consecutive time that the banking regulator has approved a shorter tenor, despite the board requesting a full three-year term
Says transition to small finance bank will help margins but operational cost for small ticket loans are very high
We will take initiatives on Casa next financial year, says Ashok Chandra
Following the increase in risk weights, bank loan growth to shadow banks fell sharply
The appointment will be co-terminus with the term of the Prime Minister or until further orders, whichever is earlier, according to the appointment committee of the cabinet
Members said it was MPC's turn to do its bit after Budget booster
In particular, there was a concern about the weaknesses of the manufacturing sector, which is important for job creation due to subdued urban consumption & slow growth of private investments, he said
Commenting that economic momentum is poised to be sustained, the report said strong rural demand is expected to receive a further fillip from the robust performance of the agriculture sector
Highly placed sources in the insurance sector clarified that the panel will not propose any further amendments and that its mandate is to work on the proposed amendments
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
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
First repo cut in 5 yrs, of 25 bps to 6.25%, set to ease home loan rates; MPC keeps 'neutral' stance
Economic Survey warns against dominance of financial markets
My expectation is there will be some moderation in credit growth while deposit growth may improve, said Indian Bank MD Binod Kumar
He explains the reasons behind flat profit growth in the third quarter (Q3) and margin compression
They say central bank is focused on durable relief rather than ad hoc support
Asks banks to suggest steps for enhancing ease of doing business
Ambition to double the business level to double even before three years, says Chatterjee