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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.
Chidambaram promises to maintain fiscal discipline; admits inflation is an issue
Stamp duty relaxation does not find any mention in central bank's framework for setting up a Wholly-Owned Subsidiary
Ashwini Kumar may move to BoB; 6 EDs identified to fill up vacancies in FY15
Short-term rates move towards repo level, CP issuances set to get a boost
Buzz is getting louder that the former banker is in line to be RBI deputy governor
RBI is checking the primary eligibility of the 26 applicants. Once the process is completed, comments will be passed on to the Bimal Jalan panel
Provisions were up 33% y-o-y at Rs 860 crore
RBI digs out more info on promoters to vet 'fit & proper'
As per new guidelines, candidate needs to complete one year as executive director to become eligible for chairman and managing director
Central bank may opt for a cut in MSF rate as rupee stabilizes
Market participants say rupee to stabilise around the current levels
Lack of consensus among banks leading to rejections
Gains 55 paise in early trade, with the dollar coming under pressure across the globe
Currency recorded close to 5% gain in Sept
CAD account gap expected to widen as compared to previous quarter
RBI has deployed additional hands to screen the applications which range from business conglomerates to micro-lenders
After banning 0% interest rate, central bank could crack down on EMI waiver too
MSF rate may be cut by 50 bps; LAF borrowing cap hike to 1% seen; OMOs to resume
Increases spreads on home, auto loan rates by 30 bps
Could scale up its 5% March-end forecast; Rajan may hint at shifting to CPI as inflation anchor