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.
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RBI asks government to amend co-operative bank laws
R Gandhi-led panel wants legal barriers removed for graduation to commercial bank status
 "RBI asks government to amend co-operative bank laws")
Panel recommends professional directors on board of urban co-operative banks: R Gandhi
Also suggests roadmap on how these banks can convert themselves into a universal bank
 "Panel recommends professional directors on board of urban co-operative banks: R Gandhi")
RBI board to sport a new look
The terms of most non-official directors are coming to an end
 "RBI board to sport a new look")
RBI's communication strategy under a cloud
Most media houses went by the revised release as anyway they were not present at the function and did not know what Rajan had actually said
 "RBI's communication strategy under a cloud")
Tyagi attended RBI's board meet but may not have taken oath
All central bank board members have to take oath of secrecy and sign a scroll
 "Tyagi attended RBI's board meet but may not have taken oath")
Some room for Aug rate cut
Near-normal monsoon, falling crude oil prices help keep inflation under check but this window of opportunity might not last for long
 "Some room for Aug rate cut")
In the age of social media, RBI should have a uniform communication policy
Raghuram Rajan's comments at various functions where traditional media is absent have found their way into the public domain
 "In the age of social media, RBI should have a uniform communication policy")
IDFC Bank to start operations from Oct 1
Gets final licence from RBI; Ex-CAG Vinod Rai to be the chairman of IDFC
 "IDFC Bank to start operations from Oct 1")
Curtailing RBI Governor's veto powers is another flash point between RBI & Govt
Urjit Patel panel wanted all members to be appointed by RBI
 "Curtailing RBI Governor's veto powers is another flash point between RBI & Govt")
ARCs want RBI to relax 10% cap of share sale to single entity in IPO
According to RBI norms, 10% change in shareholding will need regulators permission
 "ARCs want RBI to relax 10% cap of share sale to single entity in IPO")
PNB's Rs 9,000-cr bad loan sale stuck due to absence of full time CEO
CMD's post in PNB is vacant since end October last year when govt declined to extend K R Kamath's tenure
 "PNB's Rs 9,000-cr bad loan sale stuck due to absence of full time CEO")
Banks seek RBI nod to spread Q1 bond losses over four quarters
Yields on government securities reversed their trajectory after RBI announced a hawkish stance in its bimonthly policy review in June
 "Banks seek RBI nod to spread Q1 bond losses over four quarters")
Payments bank licence: Mor panel sets the ball rolling, submits its report to RBI
Thorat panel for small finance banks to give its report soon
RBI's liquidity tightening stance stumps market
Bond dealers believe central bank trying to nuance rates and not allowing market dynamics to decide rates
After making loss, Bank of India reports RBI against its auditors
Says it was not allowed to treat Essar loan as standard like others lenders; Auditors say they have gone by books
 "After making loss, Bank of India reports RBI against its auditors")
Bank of India goes to RBI against its auditors
Says it was not allowed to treat Essar loan as standard like others lenders
 "Bank of India goes to RBI against its auditors")
Inflation is under control: Arun Jaitley
CPI inflation rose to a three-month high of 5.01% in May compared with 4.87% in April
 "Inflation is under control: Arun Jaitley")
Stressed assets: RBI mulls stricter norms
Feels banks often opt for refinancing rather than resolving the problem, specially with lack of agreement between lenders
 "Stressed assets: RBI mulls stricter norms")
Weighed down by regulatory problems, distressed asset market struggles for growth
Banks are allowed to amortise their loss arising out of a NPA, by selling it to an ARC, over eight quarters
 "Weighed down by regulatory problems, distressed asset market struggles for growth")
We'll launch Ulip in the second quarter: S K Roy
Interview with chairman, LIC
 "We'll launch Ulip in the second quarter: S K Roy")
