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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'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
Indian companies' foreign borrowings have gone up sharply due to availability of funds at cheap rates
In toay's opening trade the partially convertible rupee was at 58.35 per dollar, a life low
PNB, Canara Bank, had opened letters of credit to winsome Diamonds and Jewellery for the purchase of gold; however, after the firm failed to pay the bullion lenders, the aforementioned invoked the LCs
Clarification today; application deadline may be extended but no leeway on priority-sector targets
Interview with Chairman & Managing Director, Bank of Baroda
The central banks had said gold import by banks will only be restricted to consignment basis to meet genuine needs of exporters