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.
Page 23 - Manojit Saha/workspace/business Standard Web/video
Marsh India expects growth of 20-25% in next year, says Sanjay Kedia
Marsh India has seen consistent growth year after year, crossed 8,000 corporate clients in India and the total amount of premium placed for the financial year ending March 2023, was Rs 15,000 Cr
 "Marsh India expects growth of 20-25% in next year, says Sanjay Kedia")
SBI Q1 results: Net profit up 178% to Rs 16,884 cr, NII rises 25%
Credit growth robust in all segments, says chairman of public sector lender
 "SBI Q1 results: Net profit up 178% to Rs 16,884 cr, NII rises 25%")
The focus is certainly on VNB growth: ICICI Pru Life Insurance MD & CEO
No partner has more than 2-3 per cent concentration with us
 "The focus is certainly on VNB growth: ICICI Pru Life Insurance MD & CEO")
Borrowing costs may come down from Q3: Mahindra Finance's Ramesh Iyer
Ramesh Iyer, vice-chairman and managing director, tells Manojit Saha, in a telephonic interview, that NBFC is on track to increase its balance sheet to Rs 1.25 trillion by 2025
 "Borrowing costs may come down from Q3: Mahindra Finance's Ramesh Iyer")
IFC's stake will go up to 7.3% post infusion: Federal Bank's Srinivasan
"We have seen reasonably good growth and the outlook for growth remains quite constructive and positive. Now we must raise capital for funding the next wave of growth," said Shyam Srinivasan
 "IFC's stake will go up to 7.3% post infusion: Federal Bank's Srinivasan")
Additional Tier-1 bond issuances by banks likely to decline in FY24
Mutual funds stays away after Sebi valuation norm change
 "Additional Tier-1 bond issuances by banks likely to decline in FY24")
Axis Bank Q1 net profit jumps 41% to Rs 5,797 crore, asset quality improves
Amitabh Chaudhry, managing director and chief executive officer, Axis Bank, mentioned that there is a visible improvement in the quality of the deposit franchise
 "Axis Bank Q1 net profit jumps 41% to Rs 5,797 crore, asset quality improves")
Fundraising activity in debt market gathers speed ahead of festival season
Nabard, Tata Capital, Mahindra Finance to tap into market
 "Fundraising activity in debt market gathers speed ahead of festival season")
ICICI Bank Q1 profit rises 40% to Rs 9,648 cr, net interest income up 38%
The gross NPA ratio was 2.76 per cent at June 30, 2023, compared to 2.81per cent at March 31, 2023
 "ICICI Bank Q1 profit rises 40% to Rs 9,648 cr, net interest income up 38%")
Will look at reverse merger if viable to shareholders: Utkarsh SFB MD & CEO
'During the last six years, we have created new verticals like MSME, affordable housing, and small corporates'
 "Will look at reverse merger if viable to shareholders: Utkarsh SFB MD & CEO")
From Africa to Latin America, trade in local currencies on the cards
Move comes after RBI-UAE Central Bank inks historic pact last week
 "From Africa to Latin America, trade in local currencies on the cards")
HDFC Bank can now take mega exposures to infra projects: CEO Jagdishan
Post merger, Jagdishan aims to double business every 4 years
 "HDFC Bank can now take mega exposures to infra projects: CEO Jagdishan")
$5 bn sustainability loans can be linked with target: BofA's Subramaniam
Bengaluru is worst-affected city, even as it continues to top start-up fundraising
 "$5 bn sustainability loans can be linked with target: BofA's Subramaniam")
As food prices spiral, fight against inflation not over: RBI report
CPI-based inflation rate increased to 4.8 per cent in June 2023, from 4.3 per cent in May, primarily on account of an increase in food inflation
 "As food prices spiral, fight against inflation not over: RBI report")
Waive late submission fee of nearly Rs 225 crore: Oil companies to RBI
OilMin writes to Department of Financial Services to end impasse
 "Waive late submission fee of nearly Rs 225 crore: Oil companies to RBI")
In a first, credit card spend crosses Rs 1.4 trillion-mark in May: RBI data
Axis Bank, the fourth-largest, is closing the gap with ICICI Bank after the Citi acquisition with 12.46 million cards
 "In a first, credit card spend crosses Rs 1.4 trillion-mark in May: RBI data")
HDFC Bank offers interoperability of UPI and CBDC QR code payments
The lender has registered over 1 lakh customers and 1.7 lakh merchants under CBDC pilot programme
 "HDFC Bank offers interoperability of UPI and CBDC QR code payments")
HDFC Bank gets six months to move HDFC clients to external benchmark
It is mandatory for banks to link retail loans and loans to micro, medium and small enterprises to an external benchmark
 "HDFC Bank gets six months to move HDFC clients to external benchmark")
Banks and non-banks to seek clarification from RBI on co-branded cards
RBI move aimed end exclusive tie-up with card networks
 "Banks and non-banks to seek clarification from RBI on co-branded cards")
RBI panel charts path to internationalise rupee, reduce dollar dependency
Capital account convertibility is not a pre-condition for internationalisation of rupee
 "RBI panel charts path to internationalise rupee, reduce dollar dependency")