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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.
Narasimham also founded the credit planning cell in RBI, which became the monetary policy department
Lenders are expected to show quarter on quarter improvement in loan growth, say analysts.
Central bank acknowledges further interest cuts unlikely as a recent rollback of small savings rate cut showed.
600 bank personnel died due to Covid-19 till December, IBA said while requesting vaccination
Central bank announces variable rate reverse repo auctions (VRRR) to suck out liquidity
Banks await Centre's direction even as customers flock branches
Status quo expected on Wednesday, but guidance will hold the key for bond market
Since 2014, public sector banks' branch network in rural and semi urban has grown by a mere 4,000 - from 49,859 in 2014 to 53,467 while for private sector banks, it doubled from 9,673 to 18,437
Banks had informed RBI on surge in carry trade at a meeting last week
Banks unlikely to be impacted a lot as the level of debt recast had been low
The move comes at a time when the central bank is working on digital currency
Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel's recommendations
Another discretionary tool to manage liquidity may be a timely one
With this credit line, the airline will not need to recast its loans
Contactless identification could be a gamechanger in the post-Covid world
IRDAI proposes to link discount with SBI savings bank rate, which is currently at 2.7%
ICICI Bank, Axis, among others see rise 'proforma' slippages in Q3
Now that DFIs are making a comeback, three key issues will be crucial for their success -the availability of long-term funds at a reasonable cost, private-sector ownership, and professional management
BBB starts selection process as nearly half a dozen public sector bank CEOs' term comes to an end
After RBI initiated non-credit prompt corrective action against Indian Overseas Bank, it is getting aggressive on recovery of dues from its borrowers