Manojit Saha And Samie Modak

Stories by Manojit Saha And Samie Modak

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com   6 days ago

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Rediff.com   7 days ago

Indian companies are increasingly turning to share buybacks as a preferred payout strategy, driven by recent tax framework changes that make them more tax-efficient for non-promoter shareholders and a fall in stock prices.

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Rediff.com   1 May 2026

The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.

Indian Equities Rebound: BSE 500 Up 12.1% in April Amidst Geopolitical Risks

Indian Equities Rebound: BSE 500 Up 12.1% in April Amidst Geopolitical Risks

Rediff.com   30 Apr 2026

Indian equities are experiencing their sharpest rebound in years, with the BSE 500 index rallying 12.1 per cent so far this month, echoing Covid-era recoveries despite ongoing geopolitical uncertainty and earnings risks.

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

Rediff.com   29 Apr 2026

'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'

Yield-Generating Instruments Attract Investors as IPO Activity Dips

Yield-Generating Instruments Attract Investors as IPO Activity Dips

Rediff.com   29 Apr 2026

Yield-generating instruments like Infrastructure Investment Trusts (Invits), Real Estate Investment Trusts (Reits), and Non-Convertible Debentures (NCDs) are witnessing a surge in investor interest, contrasting with a notable slowdown in the equity primary market, which saw only one IPO in April.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com   29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

JPMorgan downgrades Indian equities to 'neutral'

JPMorgan downgrades Indian equities to 'neutral'

Rediff.com   25 Apr 2026

JPMorgan has downgraded Indian equities to 'neutral' from 'overweight', citing elevated valuations, rising earnings risks, and limited exposure to next-generation technology like AI. The brokerage believes other emerging markets offer more attractive risk/reward propositions despite India's strong structural growth story.

In open letter to PM, Bernstein flags structural risks to growth

In open letter to PM, Bernstein flags structural risks to growth

Rediff.com   24 Apr 2026

Global brokerage Bernstein has issued a cautionary note, stating that India risks 'under-delivering on its potential' unless it addresses key policy bottlenecks and structural risks, including employment challenges from AI, limited manufacturing gains, and rising welfare spending.

SFBs' universal licence dream: It's a long road ahead

SFBs' universal licence dream: It's a long road ahead

Rediff.com   23 Apr 2026

The Reserve Bank of India's 2024 norms for the voluntary conversion of Small Finance Banks (SFBs) into universal banks, particularly the subjective 'diversified loan portfolio' criterion, are proving to be a significant hurdle, with Ujjivan SFB and Jana SFB having their applications returned.

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com   21 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.

Tata Sons IPO Buzz Grows Amid Trust Rift

Tata Sons IPO Buzz Grows Amid Trust Rift

Rediff.com   17 Apr 2026

If Tata Sons is listed, the special veto rights of Tata Trusts, under Article 121A, may have to go away.

Mark Mobius: The Champion of Emerging Markets

Mark Mobius: The Champion of Emerging Markets

Rediff.com   17 Apr 2026

'Mobius made EMs investable and India his most enduring belief.'

India bears brunt of global equity outflows as geopolitical tensions rise

India bears brunt of global equity outflows as geopolitical tensions rise

Rediff.com   6 Apr 2026

India has emerged as the most impacted market within emerging economies, experiencing $3.7 billion in outflows over the past three weeks, matching the total outflows from the entire emerging market basket, as global equity funds turn negative for the first time since January 2026 due to escalating geopolitical tensions.

HDFC Bank CEO: 'We Requested Chakraborty To Spell Out The Issues'

HDFC Bank CEO: 'We Requested Chakraborty To Spell Out The Issues'

Rediff.com   30 Mar 2026

'When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind of uncertainty for the stakeholders.

Why Did Atanu Chakraborty Quit HDFC Bank?

Why Did Atanu Chakraborty Quit HDFC Bank?

Rediff.com   30 Mar 2026

'During the bank's board meeting, many directors asked him if there is a governance issue but he said there is none.'

Private Banks Face CEO Talent Crunch

Private Banks Face CEO Talent Crunch

Rediff.com   30 Mar 2026

What is the reason behind this drying up of talent for the top post in private banks?

NSE Targets Rs 7 Trillion Valuation

NSE Targets Rs 7 Trillion Valuation

Rediff.com   25 Mar 2026

At the upper end of that range, the bourse would rank among the seven most valuable listed firms in the country.

'Quality Companies To Lead Next IPO Wave'

'Quality Companies To Lead Next IPO Wave'

Rediff.com   13 Mar 2026

'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'

Street Signs: Narrowing window, upping the colo game, and test of patience

Street Signs: Narrowing window, upping the colo game, and test of patience

Rediff.com   9 Mar 2026

With domestic markets turning choppy, investors are increasingly scouting for opportunities overseas to diversify portfolios and hedge against a weakening rupee.