Soak the bay leaves and cumin seeds in warm water, 20 minutes or so. Drain from water, grind to a smooth paste with a splash of water. Keep aside in a bowl.
To the bay leaves-cumin seeds paste, add the onion paste, ginger paste, turmeric powder, red chili powder, 1 tbsp mustard oil and a generous pinch of salt. Mix well.
Add the fish steaks to the masala, coat well. Keep aside for 10 minutes.
Heat 2 tbsp mustard oil in a flat pan. Gently place the marinated fish along with the marinade in the pan, cook over a low flame.
Heat 2 tbsp mustard oil in a flat pan. Throw red chilies and fry till it release the aroma.
Gently place the marinated fish along with the marinade in the pan, cook over a low flame For 7-8 minutes.
Add ΒΌ cup of warm water, cover and cook for 3-4 odd minutes.
Finish with a generous drizzle of mustard oil. Serve hot with steamed rice.