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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.
Bank not to accept deposits more than Rs 50,000 per customer; no lending activity allowed, can only invest in government securities
The new facility will be removed if loans turn NPA; project appraisal to be made more stringent to ensure banks don't go overboard
Appointment of DG in RBI has to be taken by ACC but RBI can decide on a COO
At Rs 5.55 cr, his salary is 2nd only to that of HDFC Bank's Aditya Puri
Khan who was appointed as deputy governor in 2011
Jayakumar, who took charge in 2012, blames the previous management's unbridled expansion programmes for the lender's present crisis
Minimum capital requirement to set up a full-fledged bank is Rs 500 cr
Central bank plans to appoint COO with dy governor rank
Criminal charges to be pressed if borrower is found diverting funds to create personal wealth
Uniform NPA classification proposed; Kingfisher, Winsome Diamonds among top 3 in finance ministry's top-50 defaulters list
RBI gives a wake-up call via liquidity coverage ratio norms
Focus to be on unbanked areas; initial capital set at Rs 100 cr; India Post can apply
Say waiver will vitiate the loan recovery environment
RBI focuses on term repo
FSDC is chaired by the finance minister and the members are the financial sector regulators, including RBI and Sebi
S Ganesh was in charge of expenditure and budgetary control
One of the deputy governor's posts is vacant following exit of KC Chakrabarty
BoI, Canara, BoB among those whose credit growth was much more than banking sector as a whole
The accidental banker