Manojit Saha

RBI Guv Malhotra asks staff to emphasise customer centricity in NY message

The central bank is facing challenges on the currency front, which has been under pressure in the last few months

On slippery slope: Rupee hits fresh low, extends losing streak to 7 years

Despite the decline, India's foreign exchange reserves remain the fourth largest in the world

Confidence is high, outlook is bright: RBI Guv Malhotra on economy

But stress tests show GNPA ratio of banks may rise under baseline scenario

Private banks masking worsening retail asset quality with write-offs: RBI

The GNPA ratio for unsecured lending was marginally higher, at 1.7 per cent

Looking ahead: Financial sector braces for leadership changes in 2025

Two public sector banks, Punjab National Bank (PNB) and Indian Bank, will welcome new leaders at the start of the year as their current incumbents retire on December 31, 2024

Indian economy prospects expected to improve, says RBI Guv Sanjay Malhotra

He noted that RBI's focus remains steadfast on maintaining the stability of financial institutions and, more broadly, systemic stability while preserving financial stability to support higher growth

Rate cut, regulatory move to be in focus under Guv Malhotra-led RBI

There are at least four important regulations awaiting the commercial banks that could impact their growth and profitability

Q2 FY25: Current account deficit at 1.2% of GDP; BoP surplus at $18.6 bn

The merchandise trade deficit increased to $75.3 billion in Q2 of 2024-25 from $64.5 billion during the same period last year

RBI flags unsecured lending, private credit; calls for enhanced vigilance

Banks' gross NPA ratio further falls to 2.5 per cent in Sep 2024

Banks post sixth year of profit growth in FY24, bad loans decline further

At the same time, banks resorted to borrowings at higher interest rates and increased deposit rates to bridge the credit-deposit growth gap in FY24

RBI report sees economic recovery in Q3; FPI flows turns positive in Dec

The report further said India's growth trajectory is poised to lift in the second half of 2024-25, driven mainly by resilient domestic private consumption demand

Need to guard against risks of currency appreciation: RBI MPC member Kumar

Says expanding the manufacturing sector could also help in containing inflationary pressures by enhancing the supply capacity

Policy rates have limited impact on food prices: MPC external members

December marked the second policy review meeting for the external members, who have a fixed four-year term

We should double in size in 5 years, says Bajaj Finance MD Rajeev Jain

We have unveiled our AI technology transformation strategy. And we have, in general, as a firm, been huge beneficiaries of using technology early, Rajeev Jain said

Change of guard at RBI: The early repo rate moves that set the tone

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

Restoring inflation-growth balance most important priority for RBI: Das

Outgoing RBI Governor Shaktikanta Das hoped that there would be a nationwide roll-out of Unified Lending Interface

New RBI governor has a lot on plate: Malhotra to assume office on Wednesday

Sanjay Malhotra takes charge as 26th RBI governor at a time when headline retail inflation has shot up to 6.2%

Monetary policy review: RBI keeps rates unchanged, cuts CRR by 50 bps to 4%

Maintains neutral stance; sets stage for Feb rate action

Co-branded credit card share likely to double by FY28: Visa's Rishi Chhabra

Spends are 20% higher than traditional cards

MPC meet in spotlight amid speculation over Governor Shaktikanta Das' term

Meeting begins on Wednesday against backdrop of Q2 GDP growth slowdown