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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.
To have 10% weight, like China; no tax benefits for bond investors
NBFCs, co-op banks allowed to name defaulters
Most of our funding, around 52-53%, is through NCD issues, says Adhikari
With over 18 million cards in circulation, HDFC Bank is the largest issuer of credit cards in India with monthly spends of around Rs 40,000 crore
Number deposit taking NBFCs fell sharply in last 8 years
"By the end of September, we will have approximately Rs 6000 crore of cash in the balancesheet, which is much more than the LCR requirements"
Appoints BCG for organisational revamp
Not enough takers for plans to extend schemes for associate firms, subsidiaries
For food price shocks supply-side measures are more effective. The government has long experience with intervention in the food economy, Goyal opines
'Cooling commodity prices augers well for inflation in the medium term'
Das says RBI remains committed to aligning inflation with 4% target
Reversal in decision comes within a day of the initial auction notice for the actor's Juhu property
RBI guidelines bar penal interest rates on loans, negative amortisation
Major reforms needed to tackle monsoon veg price shock
Sachit Kanwar moves court against father Surinder over settlement
Mohanty shares LIC's three pronged strategy - agency, bancassurance and digital channels, to boost growth and margins
We are expecting good growth in the festive season, says Siddhartha Mohanty, Chairman, LIC
Repo rate remains at 6.5%; FY24 inflation forecast up at 5.4%; surprise incremental CRR move to drain out over Rs 1 trillion
Monetary policy has made significant progress towards price stability; the recent spike in CPI inflation is expected to be short lived, going by past trends
In talks with banks to fund down-payment under sale & leaseback deals