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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.
Peak fixed deposit rate falls below 9%
The ministry has asked bankers to call their top 25-30 clients, whose projects are stalled
Interview with Executive Director (Head of Emerging Markets, Depository Receipts Group), JPMorgan
Banks will ask the banking regulator to defer the higher provisioning norms on standard restructured advances
The new financial year has brought bad news for the savers.
RBI will meet top bankers of the country to discuss deferrment of the aforementioned norms
UBI, which has a Rs 400 cr exposure, is the first lender to file a winding up petition against the company
Interview with CEO, HSBC India
Selling pressure from mutual funds has also aided surge in returns
Interview with President and whole-time director, L&T Finance Holdings
To recover dues from 50 top defaulters; finance ministry wants proceedings fast-tracked
RBI's open market operations may not help in easing liquidity situation significantly
Other private lenders warn staff of zero tolerance
ICICI Bank reiterated it had been; would conduct its business adhering to high standards of compliance to law, regulations
Reserve Bank of India asks ICICI Bank, HDFC Bank and Axis Bank for details
But scope for CRR cut limited as liquidity expected to ease
Interview with Managing Director, M&M Financial Services
New rates effective from Mar 1, applicable for 4 categories with maturities of over one year; cuts premium on senior citizen deposits
Set to be allowed to apply for bank licences in the final guidelines expected by the end of the month