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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.
In a Q&A, Jairam Sridharan dwells on his company's proposed retail thrust and the challenges facing the NBFC sector
Disbursement figures rising, pain of pandemic over for microfinance sector: H P Singh
The union territory of Jammu & Kashmir has 64.5 per cent stake in J&K Bank while UT of Ladakh has about 4.5% stake
The RBI will introduce an ECL approach for loan loss for banks, as compared to the incurred loss approach at present, one year after announcing the final guidelines
RBI has defined "major shareholding" as "aggregate holding" of five per cent or more of the paid-up share capital or voting rights in a banking company by a person
Banks developed culture of prudence; corporate loan demand to pick up
On September 22, the regulator barred Mahindra Finance from carrying out any recovery or repossession activity through outsourced agents
Soma Sankara Prasad, managing director and chief executive officer of the Kolkata-based lender in an interview that he expects strong interest for the rupee trade from several nations
Renewed overseas flows to provide support
RBI's intervention caused foreign reserves to decline by $70 billion in 2022, lowest in at least 22 years; worst show by bonds since 2009 on sustained repo rate hike
Inflation is forecast to rise to 8.8 per cent in 2022, with both headline and core inflation staying well above targets in AEs and EMDEs, the report noted
FSR shows lenders can absorb shocks without capital infusion
Discussions with foreign regulators positive
25 bps raise likely in Feb, before RBI hits status quo button, feel experts
Gross NPA slips to 5%; regulator flags slippages from recast accounts
Videocon founder sent to custody till December 28, along with ex-ICICI Bank CEO Chanda Kochhar and her husband
'Heartening to see banks increasing green exposure'
'Loan-deposit growth gap due to base effect; high-frequency indicators in green zone'
Governor Das said due to persistent core inflation, there is no room for complacency and the battle against inflation is not over
In a Q&A, Baldev Prakash dwells on the lender's plan to bring down NPAs and raise Rs 500 cr in equity by the end of FY23