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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.
RBI dy governor says not comfortable extraterritorial jurisdiction regulations
Inflation remains a top priority, and a few months of good data should not lead to complacency: Das
RBI has maintained a hawkish tone in the last two policy reviews, and those steps were to further reinforce the point that the central bank is not dropping its guard on inflation any time soon
After the global financial crisis of 2008, the European Union in 2012 had adopted new market infrastructure regulations in order to strengthen and safeguard systems
Move comes as a relief to UK-based banks such as Standard Chartered and HSBC
The gross NPA ratio of the bank is around 12 per cent, and the regulator aims to bring it down to 8 per cent through sustained recovery efforts
On Sunday, 21 branches of the bank were opened which did not see any unusual rush
Our bank had a total capital adequacy ratio of 17.07 per cent and Tier-I (entirely CET1) of 15.15 per cent as on September 30, 2023 (inclusive of profits for the half year), he says
Lender was under regulatory watch for about 2 yrs, had ignored RBI red flags
Rupee closed the day at 83.38 against the dollar as compared to previous close of 83.34 per dollar, which is also a previous closing low
According to sources aware of the development, the ministry has asked banks to review their digital systems and cybersecurity-related measures
Das has often cited the example of Arjuna's eye to communicate that the central bank is completely focused on bringing down inflation
Mohanty discusses a range of issues from product launches to the digital transformation journey that it has embarked upon
Demand to slow down post rate increase
Loans likely to become dearer; marginal impact on bank's capital adequacy ratio
Girish Kousgi, MD & CEO of PNB Housing Finance says the plan is to grow the loan book by 17% and disbursement by 22-23% in the current financial year
Bajaj Finance says no material impact; to review KFS
The bank will get Rs 366 cr from firm
Bank has hired over 56K since March 2022; focus on reining in attrition, women re-hiring
HDFC Bank, under Jagdishan, took the challenge head on and went on war footing to plug the gaps