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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.
Total income of the bank rose 22% to Rs 2,383 cr in the quarter vs same period last year
It will have a positive impact on India's trade deficit and GDP growth, thereby easing pressure on the rupee
Reserve Bank of India to issue guidelines by end-September, in discussion with government on tax implications of the alternatives
Also a strong contender for chairperson post, after Pratip Chaudhuri retires in Sept
Retail loans to aid growth of private lenders
Amid rising NPAs, the sector may face headwinds from higher provisioning, lower treasury gains & margin pressure
Bank's board met on Thursday afternoon after the High Court directed bank to advance its board and consider Gogia's appointment
A government-run entity cannot come under RBI purview
Banks asked not to convert purchases into instalments; Cards not to be accepted for sale of gold coins
Reliance Capital has roped in Japanese investors for banking foray
Nomura said the rupee was still 17.6 per cent overvalued
RBI released Jan - March CAD figures, which was better than anticipated, before market hours and two trading sessions ahead of schedule
Reliance Capital stops gold loan, gold coin sale
Outcome of US Fed meet on quantitative easing eyed
Religare promoters to cut stake to meet norms; IDFC board gives go ahead
Future cuts to depend on durable receding of inflation; Wait for lower EMI gets longer
May go up as RBI stays hawkish which likely to dent banks' trading profit
The street also of the view that RBI may again flag CAD as a concern on Monday due to which rupee may weaken next week
Selection crucial, as one of them likely to head bank after Chaudhuri retires in September
Insurance regulator has till now cleared 50 products under the new guidelines