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Manojit Saha

Manojit Saha

Manojit Saha

Manojit Saha is the Banking Editor for Business Standard and is based in Mumbai. He has been tracking the financial sector for over two decades, with a focus on the Reserve Bank of India and monetary policy. He has also contributed to Business Standard's digital offering - The Banking Show - with interviews with business leaders, CEOs and key policy makers. He has anchored panel discussions between CEOs from banking, insurance, NBFCs and fintech industry for the Business Standard BFSI Insight Summit, and the Business Standard-IMGC India Mortgage Leadership Conclave, among others.

Manojit Saha is the Banking Editor for Business Standard and is based in Mumbai. He has been tracking the financial sector for over two decades, with a focus on the Reserve Bank of India and monetary policy. He has also contributed to Business Standard's digital offering - The Banking Show - with interviews with business leaders, CEOs and key policy makers. He has anchored panel discussions between CEOs from banking, insurance, NBFCs and fintech industry for the Business Standard BFSI Insight Summit, and the Business Standard-IMGC India Mortgage Leadership Conclave, among others.

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Sensitive to the West's sanctions against Russia, says RBI governor
Updated On : 08 Apr 2022 | 11:45 PM IST

Reserve Bank of India nod to banks to open digital banking units

The banking regulator has mandated minimum products and services that banks must offer in these DBUs

Reserve Bank of India nod to banks to open digital banking units
Updated On : 08 Apr 2022 | 1:43 AM IST

Bandhan endeavours to be a holistic financial services group: Karni S Arha

The market-share drop is temporary in nature; it is a reflection of the interest rate, equity market, and the overall business environment

Bandhan endeavours to be a holistic financial services group: Karni S Arha
Updated On : 08 Apr 2022 | 6:08 AM IST

Banks miss Rs 50,000 crore bad loan transfer deadline of March 31 to NARCL

A total of 38 non-performing accounts - amounting to Rs 82,845 crore - were identified for transfer to NARCL, in a phased manner

Banks miss Rs 50,000 crore bad loan transfer deadline of March 31 to NARCL
Updated On : 07 Apr 2022 | 3:25 AM IST

Inflation woes: 10-year bond yield near 7% ahead of RBI MPC meet

The yield on the 10-year benchmark government bond closed at 6.92 per cent on Wednesday, up from the previous close of 6.90 per cent

Inflation woes: 10-year bond yield near 7% ahead of RBI MPC meet
Updated On : 07 Apr 2022 | 6:00 AM IST

Home loans to be cheaper as bank has low-cost deposits: HDFC Bank chairman

Cost-wise, the housing loans would certainly come at a cheaper cost because the bank has low-cost deposits or Casa [current and savings account]

Home loans to be cheaper as bank has low-cost deposits: HDFC Bank chairman
Updated On : 06 Apr 2022 | 6:05 AM IST

Combined entity will get benefit of lower cost of funds: HDFC's Keki Mistry

Keki Mistry, vice-chairman and chief executive officer of HDFC, tells Manojit Saha the option to merge with HDFC Bank was on the drawing-board but it is making sense now owing to a variety of factors.

Combined entity will get benefit of lower cost of funds: HDFC's Keki Mistry
Updated On : 06 Apr 2022 | 6:12 AM IST

HDFC twins merge in $40-bn deal; amalgamation may take 15 to 18 months

The country's largest housing finance company and the biggest private sector bank announced that their boards have approved an all-stock amalgamation of HDFC Ltd into HDFC Bank

HDFC twins merge in $40-bn deal; amalgamation may take 15 to 18 months
Updated On : 05 Apr 2022 | 2:02 AM IST

Sashidhar Jagdishan on what the deal with HDFC means to HDFC Bank

Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, tells Manojit Saha what the deal with HDFC means to the bank and the opportunities it provides

Sashidhar Jagdishan on what the deal with HDFC means to HDFC Bank
Updated On : 05 Apr 2022 | 6:03 AM IST

How Axis Bank gains from Citibank: It's about quality of customers

The quality of customers it acquires holds the key to success but the benefits of the buyout could kick in only from FY25

How Axis Bank gains from Citibank: It's about quality of customers
Updated On : 04 Apr 2022 | 6:10 AM IST

BS policy poll: RBI likely to hike inflation forecast, say economists

Most respondents see status quo on repo, reverse repo and stance

BS policy poll: RBI likely to hike inflation forecast, say economists
Updated On : 04 Apr 2022 | 6:10 AM IST

NARCL chairman Pradip Shah quit before RBI nod: State Bank of India

After Shah stepped down, Subrata Biswas, a deputy managing director of SBI and one of the nominee directors of NARCL, was appointed as interim chairman

NARCL chairman Pradip Shah quit before RBI nod: State Bank of India
Updated On : 01 Apr 2022 | 11:33 PM IST

Rupee drops 3.5% against dollar in FY22; fares better than global peers

The rupee depreciated 6.27% in the financial year 2013-14 when investors pulled out of emerging markets after the US Fed under Ben Barnanke spoke of possible financial tightening

Rupee drops 3.5% against dollar in FY22; fares better than global peers
Updated On : 01 Apr 2022 | 2:10 AM IST

Recapitalisation bonds to face mark-to-market provision, says RBI

The RBI also said that, 'investments classified under HTM shall be carried at acquisition cost, with the premium over the face value being amortised over the tenor of the instrument'

Recapitalisation bonds to face mark-to-market provision, says RBI
Updated On : 01 Apr 2022 | 1:59 AM IST

Axis Bank acquires Citi's consumer business in India for $1.6 bn

The all-cash deal includes Citi's credit cards, retail banking, wealth management and consumer loan

Axis Bank acquires Citi's consumer business in India for $1.6 bn
Updated On : 31 Mar 2022 | 12:45 AM IST

IL&FS recovery likely to be Rs 61,000 crore, 62% of total debt

The resolution process of IL&FS started three and half years ago after a new management was appointed by the government

IL&FS recovery likely to be Rs 61,000 crore, 62% of total debt
Updated On : 30 Mar 2022 | 1:52 AM IST

Maharashtra saw highest number of complaints against digital loan apps

A total of 2,652 complaints against digital loan apps (DLA) were received by 'Sachet' - a portal established by the RBI

Maharashtra saw highest number of complaints against digital loan apps
Updated On : 29 Mar 2022 | 12:45 AM IST

Enforcement Directorate wants RBI to block NBFCs on a Chinese string

Lists 40 NBFCs extending small-ticket loans but acting as a front for Chinese fintech firms

Enforcement Directorate wants RBI to block NBFCs on a Chinese string
Updated On : 28 Mar 2022 | 6:10 AM IST

Data breach: Business models of payment platforms under RBI scrutiny

Seeks info on lending ops after cases of data breach

Data breach: Business models of payment platforms under RBI scrutiny
Updated On : 25 Mar 2022 | 6:10 AM IST

RBI continues to support growth, rupee: Governor Shaktikanta Das

India comfortably placed to deal with spill-overs from Ukraine crisis, says Das

RBI continues to support growth, rupee: Governor Shaktikanta Das
Updated On : 22 Mar 2022 | 12:57 AM IST