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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.
Companies need prior RBI nod for more than 5% stake in banks
Meeting to take stock of credit flow to the sensitive sectors
Move significant as new banking licences under his purview
FM, CEA want final guidelines soon observers sceptical on any quick entry
Country's largest bank offers lower rates but delivery challenges remain
Many banks face erosion of entire quarterly profit as the Reserve Bank of India wants immediate cover for last year?s bad loans
All of them are dressed up, but there is no sign that the party will begin soon
Q&A with RBI governor D Subbarao
CAMELS set to give way to a more forward-looking rating system, the central bank seeks cooperation from overseas regulators
Central bank had written to Chidambaram, reiterating its objection to the move
Despite loan recast, Rs 8,000 loans to KFA has become non-performing and banks had to make provision
This is because the loan has turned non-performing for most of the banks
Market participants believe rate cut isn't imminent and RBI will continue to infuse liquidity to enable credit flow to productive sectors
Seek easing of asset classification guidelines for better credit flow
CREDAI representatives have informed the ministry that many projects could not be completed due to lack of funds
The combined effect of base rate and BPLR cut estimated at Rs 1,300 crore