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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.
SBI Life, which has 990 branches across the country, serves 49,036,079 policyholders
Natarajan, who was appointed in May 2009, will complete 15 years at the helm on April 28, 2024
The process to withdraw the Rs 2,000 note started from May 23
The number of counterfeit notes in the Indian banking system marginally declined in 2022-23 compared with the previous financial year
However, total amount scammed from state-run banks higher than private
At the same time, India's growth momentum is likely to be sustained in FY24 in an atmosphere of easing inflationary pressures, the RBI said in its annual report for 2022-23, released on Tuesday
RBI governor asks them to plug gaps in governance
Banks continue to use discretion on filling up forms
'Ninety per cent of the public sector bank's term deposits are in the bucket of one year'
RBI Deputy Governor M K Jain's term will end on June 21, 2023 after a five-year tenure
The value of new business (VNB) margin for 2022-23 was 16.2 per cent (net) as compared to 15.1 per cent (net) in the previous year
Q1 GDP to be driven by private consumption, rural demand
Rs 2,000 bank notes seeing the sharpest fall to 13.8 per cent by the end of FY22 and to 10.8 per cent by March 2023
Banks ask ATM operators to withdraw such notes from cash-dispensing machines
'We should not call it as demonetisation because it is still a legal tender', says R Gandhi
Up to Rs 20,000 exchange allowed at a time until September 30
The Union Budget for this year estimated the surplus from the central bank, public sector banks, and financial institutions at Rs 48,000 crore
Non-NPA provisions of bank over Rs 35,500 crore
Despite an improved external situation, Goldman expects rupee to underperform Asian peers
'FY24 will be a big year for us. We want to be profitable in all quarters - and for the full financial year'