)
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 governor asks them to plug gaps in governance
Banks continue to use discretion on filling up forms
'Ninety per cent of the public sector bank's term deposits are in the bucket of one year'
RBI Deputy Governor M K Jain's term will end on June 21, 2023 after a five-year tenure
The value of new business (VNB) margin for 2022-23 was 16.2 per cent (net) as compared to 15.1 per cent (net) in the previous year
Q1 GDP to be driven by private consumption, rural demand
Rs 2,000 bank notes seeing the sharpest fall to 13.8 per cent by the end of FY22 and to 10.8 per cent by March 2023
Banks ask ATM operators to withdraw such notes from cash-dispensing machines
'We should not call it as demonetisation because it is still a legal tender', says R Gandhi
Up to Rs 20,000 exchange allowed at a time until September 30
The Union Budget for this year estimated the surplus from the central bank, public sector banks, and financial institutions at Rs 48,000 crore
Non-NPA provisions of bank over Rs 35,500 crore
Despite an improved external situation, Goldman expects rupee to underperform Asian peers
'FY24 will be a big year for us. We want to be profitable in all quarters - and for the full financial year'
There are 40-45 banking services like account opening, fixed deposits, loans that could be offered through the digital platform
Gold reserves dropped by Rs 24 million to Rs 46.151 billion, the RBI said
Rupee, after depreciating 11 per cent in 2022, has seen its fortune swinging in 2023 as it has gained 1.1 per cent against the dollar
Appoints Mohanty chairman until June 29, 2024; he'll then take over as MD & CEO
Barring the deal, Q4 net profit jumps 61% to Rs 6,625 crore
Talking about operational resilience, Das said banks need effective policies regarding cyber risks