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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.
The going was good until war in West Asia started. The inflation rate was low with growth staying robust
The move is expected to bring down the cost of remittances and reduce checks on cross-border transactions
RBI report calls for close monitoring of West Asia conflict and proactive steps to limit spillovers, citing India's oil dependence and rising global volatility
RBI intensifies intervention to stabilise the rupee amid FPI outflows, rising oil prices, and a widening BoP deficit, with a ballooning forward book deficit adding to pressure
HDFC Bank CEO Sashidhar Jagdishan says Chakraborty's exit and UAE onboarding gaps are unrelated, stresses strong governance, compliance fixes, and growth-focused strategy ahead
RBI clears the air on governance concerns; mcap falls ₹66,433 cr
RBI's swift support for HDFC Bank after chairman's exit aims to calm depositor and investor sentiment, reflecting a rare but not unprecedented regulatory intervention
Regulator says bank remains well-capitalised with strong governance and management, approves Keki Mistry as interim chairman for three months
In talks with BhartiAxa for possible stake buy
According to the latest data, BHIM currently holds a 0.86 per cent share of UPI transactions
Strict compensation norms and lack of succession planning are cited as key reasons
EU regulator's demand to audit Indian central counterparties' books seen as extraterritorial
A ban on bank funding for proprietary trading, stricter collateral rules and higher haircuts are expected to hurt pvt banks' exposure and fee income, while shifting brokers toward CP, NBFC borrowing
RBI MPC member Saugata Bhattacharya flags rising inflation risks but sees no overheating, says lower final US tariffs could lift exports and foreign capital inflows into India
RBI Gov says issue not systemic; bank term it an isolated incident
Large banks to gain post Haryana de-empanelment of IDFC First, AU
The MPC unanimously decided to keep the policy repo rate unchanged during its February meeting
RBI's monthly report says India's near-term outlook remains strong, supported by benign inflation, fiscal consolidation and renewed FPI interest after trade deals with the EU and the US
Doraiswamy says policy sales have gathered momentum after the goods and services tax (GST) rationalisation on individual life insurance premiums, increasing affordability for customers
Caps funding at 75% of acquisition value