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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.
Buzz is getting louder that the former banker is in line to be RBI deputy governor
RBI is checking the primary eligibility of the 26 applicants. Once the process is completed, comments will be passed on to the Bimal Jalan panel
Provisions were up 33% y-o-y at Rs 860 crore
RBI digs out more info on promoters to vet 'fit & proper'
As per new guidelines, candidate needs to complete one year as executive director to become eligible for chairman and managing director
Central bank may opt for a cut in MSF rate as rupee stabilizes
Market participants say rupee to stabilise around the current levels
Lack of consensus among banks leading to rejections
Gains 55 paise in early trade, with the dollar coming under pressure across the globe
Currency recorded close to 5% gain in Sept
CAD account gap expected to widen as compared to previous quarter
RBI has deployed additional hands to screen the applications which range from business conglomerates to micro-lenders
After banning 0% interest rate, central bank could crack down on EMI waiver too
MSF rate may be cut by 50 bps; LAF borrowing cap hike to 1% seen; OMOs to resume
Increases spreads on home, auto loan rates by 30 bps
Could scale up its 5% March-end forecast; Rajan may hint at shifting to CPI as inflation anchor
Biksham Gujja contributed to major global initiatives such as the World Commission on Dams, World Water Commission and World Water Forum
Confusion galore over new bank licences: One applicant makes entry after 3 months, another seeks to withdraw its withdrawal letter
RBI admits its own mistake on KC Land but refuses to pardon Videocon's
Individuals will have to wait for some more time; RBI may do away with mid-quarter policy reviews