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 "Manojit Saha")
Manojit Saha is the Banking Editor at Business Standard based in Mumbai, tracking the financial sector for over two decades, with a focus on central bank and monetary policy making. He also contributed to Business Standard’s digital offering – The Banking Show – with interviews with business leaders, CEOs, and important policymakers. He anchored panel discussions comprising CEOs from banking, insurance, NBFCs and fintech industry for the Business Standard BFSI Insight Summit, Business Standard-IMGC India Mortgage Leadership Conclave, among others.
While there is speculation about what Malhotra's first move will be amid slowing growth and elevated inflation, let's take a look at the rate actions of the previous four RBI governors
Outgoing RBI Governor Shaktikanta Das hoped that there would be a nationwide roll-out of Unified Lending Interface
Sanjay Malhotra takes charge as 26th RBI governor at a time when headline retail inflation has shot up to 6.2%
Maintains neutral stance; sets stage for Feb rate action
Spends are 20% higher than traditional cards
Meeting begins on Wednesday against backdrop of Q2 GDP growth slowdown
Options under consideration include absorbing non-banking financial company (NBFC) into bank, pursuing a public listing, or reducing its shareholding in NBFC below a specified threshold
May cut cash reserve ratio, lower growth and inflation projections
Country's largest lender ups the ante for resources with two new schemes set to launch this month
RBI restricted co-brand partners' role to distribution only
Below is a list of RBI governors over the past two decades, their appointment announcements, and dates of joining
Bond yields fall 6 bps post GDP numbers
He says SBI is comfortable with liquidity with overall credit deposit ratio at a modest 68 per cent and the aim is to maintain incremental CD ratio at 100 per cent
''Our ambition at that time was to become the number one player in our identified areas of businesses''
Sets three-year horizon for achieving net profit of Rs 1 trn per annum
Says India well-placed to deal with any spillover effects of global shocks
Inflation pressure, if unchecked, could undermine prospects of real economy
Hitendra Dave spoke about the London-based bank's plans for India and how it aims to capitalize on the opportunities the country has to offer
Substantial regulatory focus on customer in the coming days
Cybersecurity risks, customer centricity issues flagged
