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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.
A draft of the country's revised financial regulatory code has kicked up a lot of dust over the proposed changes to the role of the RBI as a regulator
Experts say Esop facility should be extended to GM, DGMs; Banks could cut balance sheet size to improve efficiency
The structure was mooted in 2012 to address the capital needs of banks
R Gandhi-led panel wants legal barriers removed for graduation to commercial bank status
Also suggests roadmap on how these banks can convert themselves into a universal bank
The terms of most non-official directors are coming to an end
Most media houses went by the revised release as anyway they were not present at the function and did not know what Rajan had actually said
All central bank board members have to take oath of secrecy and sign a scroll
Near-normal monsoon, falling crude oil prices help keep inflation under check but this window of opportunity might not last for long
Raghuram Rajan's comments at various functions where traditional media is absent have found their way into the public domain
Gets final licence from RBI; Ex-CAG Vinod Rai to be the chairman of IDFC
Urjit Patel panel wanted all members to be appointed by RBI
According to RBI norms, 10% change in shareholding will need regulators permission
CMD's post in PNB is vacant since end October last year when govt declined to extend K R Kamath's tenure
Yields on government securities reversed their trajectory after RBI announced a hawkish stance in its bimonthly policy review in June
Thorat panel for small finance banks to give its report soon
Bond dealers believe central bank trying to nuance rates and not allowing market dynamics to decide rates
Says it was not allowed to treat Essar loan as standard like others lenders; Auditors say they have gone by books
Says it was not allowed to treat Essar loan as standard like others lenders
CPI inflation rose to a three-month high of 5.01% in May compared with 4.87% in April