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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.
Says rise in NPA is due to aggressive lending in a slowing economy
Gives 15 days to respond; SBI thinks of similar actions
The bank is actively looking to shed its lazy, localised, old generation profile
The Patel committee had suggested inflation targeting should be RBI's singular mandate and the central bank be accountable for meeting the target
Looks to divest a part of its stake in general insurance venture
The former Axis bank and Morgan Stanley India head says one of the main focus of the report was to level the playing field for public sector banks
They fear if corporate houses adhere to this, it will lead to asset-liability mismatches
Central bank might also add three more executive directors
Interview with Deputy governor, RBI
SBI offloads Rs 3,500-crore NPAs to asset reconstruction companies
Says interest on card balance should not be levied till next bill
UBI reported a net loss of Rs 1,238 cr for the quarter ended December, compared to Rs 42.2 cr of profit during the corresponding period of the previous year
Bandhan has a strong presence in India's under-banked eastern and northeastern regions
Blueprint for sweeping reforms suggests govt, RBI nominees be withdrawn from the boards of public sector banks
RBI adds $5 bn to forex kitty since mid-March; rupee breaches 60-a-dollar mark but analysts say central bank will cap further gains
There are respected names arguing both for and against this recommendation of the Urjit Patel committee
Among the four such posts, one becomes vacant in June with K C Chakrabarty's retirement
Only 4-5 applicants could make the cut; India Post has little chance