)
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
Chidambaram to look at list before forwarding it to Cabinet panel for approval
Interview with MD & CEO, ICICI Bank
ICICI Bank is of the view that the UK arm would have more than adequate capital even after the repatriation move
Companies need prior RBI nod for more than 5% stake in banks
CAMELS set to give way to a more forward-looking rating system, the central bank seeks cooperation from overseas regulators
Market participants believe rate cut isn't imminent and RBI will continue to infuse liquidity to enable credit flow to productive sectors
This is because the loan has turned non-performing for most of the banks
Despite loan recast, Rs 8,000 loans to KFA has become non-performing and banks had to make provision
Central bank had written to Chidambaram, reiterating its objection to the move
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
RBI move in wake of rising customer complaints due to lack of clarity after an earlier ban