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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.
It may take two more years for a new bank to come into existence
Interview with Chairman and Managing Director of Bank of Baroda
Bank of Baroda grew rapidly while maintaining asset quality under M D Mallya, Business Standard Banker of the Year
At a time when India Inc is reluctant to borrow and flexing its muscles to change existing loan repayment terms in its favour, banks are relying on the retail customer for business growth
HDFC Bank lowers vehicle loan rate by 25-50 bps
Continuity with consolidation
Also on the cards could be the first interest rate reduction in nine months
Interest rate cut expected first time in 9 months
State-run banks asked to submit action taken report, RBI has not prescribed any interest upper limit on fixed deposits
RBI move comes as next wage revision will kick in from November
Banks took to large scale restructuring to avoid NPA classification due to regulatory forbearance
FinMin advice to include brokers & realty firms, debate over entry of industrial houses slow the process
Estimate to be below 7% RBI Q2 prediction was 7.5%
Funding via internal accruals, to rope in new foreign partner
Smaller companies get more flexibility in converting their dollar payments and receipts
Interview with CEO, JP Morgan India
RBI panel nudges banks for long term fixed loan product