)
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.
Executive directors were appointed as chiefs of three large government banks, a departure from lateral movement
Rates of certificates of deposit and overnight indexed swap suggest there is hope for a rate cut
New trend points to weakening liquidity profile of companies
Says customers would gain up to 75 basis points if they shift to base rate
Say uniform asset classification would lead to legal complications
Loans of more than Rs 2,000 cr to Surya Pharma, Orchid Chem need restructuring
Choice between listed, unlisted entity State Bank of Mysore alone reported profit dip
Base rate effectiveness under review due to lack of monetary transmission
The Reserve Bank of India's approval for staggered takeover, branch allocation to be outside annual allotment exercise
The home financier is able to report the same loan growth Q-o-Q
Rules changed to ensure this after lenders turn cautious on credit disbursals, fearing sole responsibility for NPAs
FinMin tells public sector banks to go for full risk pricing, taking credit rating into account, before deciding interest rate
Lender to acquire 30% after existing shareholders divest stake
Meet today with bankers to review issues on NPAs, financial inclusion and on lending to certain sectors
India Inc expects hike in FCNR (B) rates among on Sunday's measures to arrest rupee fall