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 36 - Manojit Saha/undefined
RBI enhances limit for e-mandates on credit/debit cards to Rs 15,000
In October last year, the new e-mandate guidelines kicked in, wherein any mandate registration, modification, and deletion will require additional factor authentication (AFA)
 "RBI enhances limit for e-mandates on credit/debit cards to Rs 15,000")
RBI raises repo rate by 50 bps to tame prices; pegs FY23 GDP growth at 7.2%
The repo rate before the pandemic came was 5.15%
 "RBI raises repo rate by 50 bps to tame prices; pegs FY23 GDP growth at 7.2%")
Ahead of policy decision, RBI steps in to save rupee from hitting a new low
Currency trades in a narrow zone; ends the day at 77.71 against dollar
 "Ahead of policy decision, RBI steps in to save rupee from hitting a new low")
HDFC-HDFC Bank merger: Parekh expects fair, judicious regulatory response
Says India could double the size of home loan business to $600 billion in 5 years
 "HDFC-HDFC Bank merger: Parekh expects fair, judicious regulatory response")
10-year G-Sec touches 7.5% ahead of RBI's monetary policy review
The yield jumped 4 basis points (bps) on Monday after Saudi Arabia - the world's biggest oil exporter - raised prices for Asian buyers
 "10-year G-Sec touches 7.5% ahead of RBI's monetary policy review")
Most economists see 50-bp repo rate hike: Business Standard policy poll
FY23 inflation projection may go above 6%; liquidity steps anticipated
 "Most economists see 50-bp repo rate hike: Business Standard policy poll")
HDFC Bank sees profits more than doubling to $15 bn in 5 years after merger
CEO Sashidhar Jagdishan tells analysts merger with HDFC gives the lender the opportunity to double its balance sheet every five years
 "HDFC Bank sees profits more than doubling to $15 bn in 5 years after merger")
Don't expect CRR hike in next RBI policy review, says SBI chairman
Loan growth could be better than in previous fiscal
 "Don't expect CRR hike in next RBI policy review, says SBI chairman")
Dhanlaxmi Bank planning to raise Rs 127 crore via rights issue this month
The bank's capital adequacy ratio fell below 13% in the March quarter and capital raised via the rights issue is expected to boost it by 50 bps
 "Dhanlaxmi Bank planning to raise Rs 127 crore via rights issue this month")
Excess liquidity in India's banking system back to pre-Covid levels
A section of the market sees further liquidity tightening measures from the RBI in the June review of the monetary policy
 "Excess liquidity in India's banking system back to pre-Covid levels")
Rs 500 fake currency notes surge 102% in FY22, says RBI annual report
Fake notes of Rs 2,000 increased by 55% in 2021-22 over the previous fiscal year
 "Rs 500 fake currency notes surge 102% in FY22, says RBI annual report")
Monetary policy will be calibrated to rein in inflation: RBI annual report
Surplus to government fell due to large transfer to Contingency Fund
 "Monetary policy will be calibrated to rein in inflation: RBI annual report")
Rs 2,000 currency notes continue to fall in circulation: RBI annual report
Circulation of Rs 500 notes has risen consistently and is now 73.3% in terms of the total value
 "Rs 2,000 currency notes continue to fall in circulation: RBI annual report")
Growth of shadow banks poses threat to financial stability: RBI report
Balance sheet expanded but asset quality deteriorated, says RBI report
 "Growth of shadow banks poses threat to financial stability: RBI report")
Customer trusts the physical bank branch, says Bandhan Bank MD & CEO
'When we started the bank seven years back, 98 per cent of the loan book was micro and group loans; now it is 47 per cent'
 "Customer trusts the physical bank branch, says Bandhan Bank MD & CEO")
Will take a few quarters to move retail-wholesale mix back: HDFC Bank CFO
In a Q&A, Srinivasan Vaidyanathan says the lender expects to reduce employee turnover at the junior level with the introduction of RSUs
 "Will take a few quarters to move retail-wholesale mix back: HDFC Bank CFO")
The curious case of $1-billion SBI loan to debt-ridden Sri Lanka
SBI has been designated by the RBI as one among the domestic systemically important banks (D-SIBs)
 "The curious case of $1-billion SBI loan to debt-ridden Sri Lanka")
Rupee slips to fresh low against dollar for fourth straight trading session
The rupee opened weaker at 77.70/$ as compared to Wednesday's close of 77.58/$ and traded in a narrow range amid intervention from the central bank
 "Rupee slips to fresh low against dollar for fourth straight trading session")
'RBI rate hike was moderate as CRR was also raised': Ashima Goyal
Monetary policy committee says decision to cut repo rate was at the correct time.
 "'RBI rate hike was moderate as CRR was also raised': Ashima Goyal")
MPC members argued for front-loading rate hikes in view of inflation
External member Jayanth Varma said 100 bps rate hike required 'very soon'
 "MPC members argued for front-loading rate hikes in view of inflation")
