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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.
At Rs 5.55 cr, his salary is 2nd only to that of HDFC Bank's Aditya Puri
Khan who was appointed as deputy governor in 2011
Jayakumar, who took charge in 2012, blames the previous management's unbridled expansion programmes for the lender's present crisis
Minimum capital requirement to set up a full-fledged bank is Rs 500 cr
Central bank plans to appoint COO with dy governor rank
Criminal charges to be pressed if borrower is found diverting funds to create personal wealth
Uniform NPA classification proposed; Kingfisher, Winsome Diamonds among top 3 in finance ministry's top-50 defaulters list
RBI gives a wake-up call via liquidity coverage ratio norms
Focus to be on unbanked areas; initial capital set at Rs 100 cr; India Post can apply
Say waiver will vitiate the loan recovery environment
RBI focuses on term repo
FSDC is chaired by the finance minister and the members are the financial sector regulators, including RBI and Sebi
S Ganesh was in charge of expenditure and budgetary control
One of the deputy governor's posts is vacant following exit of KC Chakrabarty
BoI, Canara, BoB among those whose credit growth was much more than banking sector as a whole
The accidental banker
Says rise in NPA is due to aggressive lending in a slowing economy
Gives 15 days to respond; SBI thinks of similar actions
The bank is actively looking to shed its lazy, localised, old generation profile