Manojit Saha, Harsh Kumar, Ashutosh Mishra

Stories by Manojit Saha, Harsh Kumar, Ashutosh Mishra

'Scope for a further rate cut in this cycle itself, if...'

'Scope for a further rate cut in this cycle itself, if...'

Rediff.com   4 Jul 2025

'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'

'The RBI has started to support growth'

'The RBI has started to support growth'

Rediff.com   2 Jul 2025

'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Rediff.com   1 Jul 2025

Large tariffs by the United States administration and elevated geopolitical risk have increased near-term global financial stability risks, and along with weather events pose downside risks to domestic growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said in the foreword to the Financial Stability Report released on Monday.

Are public sector bank employees becoming more productive?

Are public sector bank employees becoming more productive?

Rediff.com   27 Jun 2025

Each employee is generating more business than before -- driven by cost rationalisation, digital adoption, and better resource utilisation -- signalling a stronger foundation for sustainable growth and profitability.

'UCO Bank's strategy is to raise capital in tranches'

'UCO Bank's strategy is to raise capital in tranches'

Rediff.com   27 Jun 2025

'Raising the entire amount in one go may not be prudent, given the market dynamics.'

'I Needed To Follow My Karma'

'I Needed To Follow My Karma'

Rediff.com   25 Jun 2025

'Once bitten, twice shy, I didn't take up the challenge this time...' 'I realised I had failed to follow my karma because I feared failure.'

'Federal Bank Has To Now Play Test Matches'

'Federal Bank Has To Now Play Test Matches'

Rediff.com   21 Jun 2025

'The brand, the team, and the people have to make the transition from playing league matches to Test matches.'

74% rural households expect income growth in 1 yr: Survey

74% rural households expect income growth in 1 yr: Survey

Rediff.com   18 Jun 2025

Around 74 per cent rural households expect their incomes to increase in the next one year, according to a bimonthly survey conducted by the National Bank for Agriculture and Rural Development (Nabard) in May 2025. The percentage recorded was 72 in March.

Most PSBs see decline in headcount even as branches spread

Most PSBs see decline in headcount even as branches spread

Rediff.com   16 Jun 2025

At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years.

CBI Raids 10 Sites in Cyberfraud Crackdown

CBI Raids 10 Sites in Cyberfraud Crackdown

Rediff.com   14 Jun 2025

The raids were linked to a sophisticated organised investment fraud scheme targeting unsuspecting individuals through fake mobile apps and WhatsApp groups.

'Pressure On Dollar May Continue In Near Term'

'Pressure On Dollar May Continue In Near Term'

Rediff.com   12 Jun 2025

'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'

RBI considers fresh guidelines to curb mis-selling

RBI considers fresh guidelines to curb mis-selling

Rediff.com   10 Jun 2025

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."

'IIFCL book can grow to Rs 4 trn by FY28'

'IIFCL book can grow to Rs 4 trn by FY28'

Rediff.com   4 Jun 2025

'Although we are facing constraints related to lending and resource mobilisation, the government is aware of these.'

Bank Deposit Insurance May Be Hiked From 5 Lakh To...

Bank Deposit Insurance May Be Hiked From 5 Lakh To...

Rediff.com   2 Jun 2025

The revised ceiling will be within the Rs 10 lakh mark.

Centre plans to list at least five RRBs by FY27-end

Centre plans to list at least five RRBs by FY27-end

Rediff.com   24 May 2025

After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.

Can AI Improve Customer Service At PSBs?

Can AI Improve Customer Service At PSBs?

Rediff.com   20 May 2025

'AI analyses body language, etiquette, and communication skills, providing an in-depth performance matrix and a ranking system to help employees identify areas of improvement.'

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com   28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Rediff.com   23 Apr 2025

To enable Indian banks and financial institutions to develop an aircraft-leasing ecosystem at GIFT City, the Ministry of Civil Aviation has sought support from the Ministry of Finance. It has also raised concern over slow progress in developing aircraft leasing in India.

Trade war hit on India likely to be limited: RBI

Trade war hit on India likely to be limited: RBI

Rediff.com   23 Apr 2025

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.

ITR-B Targets Undisclosed IncomeReporting

ITR-B Targets Undisclosed IncomeReporting

Rediff.com   9 Apr 2025

Form ITR-B allows the assessee to claim TDS (tax deducted at source) and TCS (tax collected at source) credit against undisclosed income.