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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.
Khara also says, in an interview with Manojit Saha, the bank has a plan to plough back a significant part of its profit this financial year, and that would increase capital adequacy ratio by 140 bps
Chairman Khara says corporate loan sanction pipeline is at Rs 4.7 trn
During his five-year tenure, the banking sector has become resilient, improving profitability and maintaining healthy capital
Role involves oversight of all group companies and other responsibilities
Tarun discusses strategies to boost sales in the remaining months of this financial year, with introduction of new products
MPC holds repo rate at 6.5% but maintains tight stance as inflation remains a concern
RBI dy governor says not comfortable extraterritorial jurisdiction regulations
Inflation remains a top priority, and a few months of good data should not lead to complacency: Das
RBI has maintained a hawkish tone in the last two policy reviews, and those steps were to further reinforce the point that the central bank is not dropping its guard on inflation any time soon
After the global financial crisis of 2008, the European Union in 2012 had adopted new market infrastructure regulations in order to strengthen and safeguard systems
Move comes as a relief to UK-based banks such as Standard Chartered and HSBC
The gross NPA ratio of the bank is around 12 per cent, and the regulator aims to bring it down to 8 per cent through sustained recovery efforts
On Sunday, 21 branches of the bank were opened which did not see any unusual rush
Our bank had a total capital adequacy ratio of 17.07 per cent and Tier-I (entirely CET1) of 15.15 per cent as on September 30, 2023 (inclusive of profits for the half year), he says
Lender was under regulatory watch for about 2 yrs, had ignored RBI red flags
Rupee closed the day at 83.38 against the dollar as compared to previous close of 83.34 per dollar, which is also a previous closing low
According to sources aware of the development, the ministry has asked banks to review their digital systems and cybersecurity-related measures
Das has often cited the example of Arjuna's eye to communicate that the central bank is completely focused on bringing down inflation
Mohanty discusses a range of issues from product launches to the digital transformation journey that it has embarked upon
Demand to slow down post rate increase