RBI can transfer Rs 1- trillion of excess reserves to government: Report
An RBI board meeting had last Monday decided to form a committee, which is likely to be announced later this week.
Nov 26, 2018, 18:14 PM IST
RBI may cut CRR by 1% in December if FPI flows don't revive: BofAML
Such a move will release USD 15 billion of liquidity into the system, which is undergoing through a liquidity deficit at present, the foreign brokerage said in its report.
Oct 29, 2018, 16:28 PM IST
Inflation peaking off; August CPI likely at 3.8%: Report
Retail inflation fell to 9-month low of 4.17 percent in July on declining vegetable prices.
Aug 14, 2018, 15:29 PM IST
Rural stocks to fare better in under-performing market: Report
The report however noted that in an under-performing market, sectors exposed to rural India like two-wheelers, cement and consumer staples should do relatively better.
Mar 26, 2018, 15:03 PM IST
RBI to cut rates 25 bps in Apr to signal lower lending rates: BofAML
The Reserve Bank in its fifth bi-monthly review of this fiscal kept repo rate unchanged at 6 percent and reverse repo at 5.75 percent.
Dec 27, 2017, 14:59 PM IST
Lending rate cuts key to economic revival: BofAML
Lending rate cuts are key to economic growth recovery and banks should lower rates by 25 bps before the start of the busy season in October to accelerate reforms momentum, says a report.
Sep 03, 2017, 12:09 PM IST
SoftBank aims to raise $3 billion-$5 billion via bond issue
SoftBank Group Corp is targetting raising between $3 billion and $5 billion through an offering of U.S. dollar bonds, according to a person familiar with the plans.
Jul 06, 2017, 10:38 AM IST
SBI set to hire six banks for up to $2.3 billion share sale
State Bank of India is set to hire Bank of America Merrill Lynch, Deutsche Bank, IIFL, JM Financial, Kotak and SBI Capital to manage a share sale of up to 150 billion rupees.
May 26, 2017, 10:14 AM IST
April CPI inflation to slip to 3.2% from 3.8% in Mar: BofA-ML
April CPI inflation is expected to slip to 3.2 percent from 3.8 percent in March, well within the RBI's 2-6 percent target, says a Bank of America Merrill Lynch (BofA-ML) report.
May 12, 2017, 11:46 AM IST
March CPI inflation makes Aug rate cut case stronger: BofAML
CPI inflation is well within the RBI's 2-6 percent mandate and the March number makes the case for a 25 bps rate cut in August even stronger, says a Bank of America Merrill Lynch (BofAML) report.
Apr 13, 2017, 13:34 PM IST
84% Jio users willing to take Prime offer, says survey
At least 84 percent of the current Jio users are expected to subscribe to its Prime membership in April, a survey conducted by Bank of America Merrill Lynch said here on Wednesday.
Mar 22, 2017, 15:15 PM IST
RBI's next rate cut in August, prospect hinges on monsoon: BofAML
Reserve Bank may finally go for a 25 basis points rate cut in August if a good monsoon contains core inflation at a moderate 4-5 percent, says a Bank of America Merrill Lynch (BofAML) report.
Feb 10, 2017, 13:14 PM IST
BoFA-ML pegs Sensex target at 29,000 for 2017
Pegging the Sensex target at 29,000 for December-end 2017, global financial services major Bank of America Merrill Lynch (BofA-ML) said Indian equity markets should deliver positive returns in the year despite uncertainties created by demonetisation and GST.
Jan 15, 2017, 14:15 PM IST
Amazon to be No. 2 in Indian e-commerce market by 2019
Amazon is improving its foothold in India and the American e-commerce giant could be the second biggest player after Flipkart in the online retail market by 2019, says a new Bank of America Merrill Lynch report.
Sep 15, 2016, 16:13 PM IST
Inflation seen at 5% in March; RBI to cut rates by 25%: BofA
India's retail inflation for March is expected to be around 5 per cent and the Reserve Bank is likely to cut its key rate by 25 basis points each at its policy reviews on April 5 as well as in August, says a report
Mar 28, 2016, 16:48 PM IST
RBI to go for 0.25% rate cut on April 5: BofA-ML
The Reserve Bank of India is expected to cut key interest rates by 0.25% at its policy review meet on April 5, a Bank of America Merrill Lynch (BofA-ML) report says.
Feb 14, 2016, 13:00 PM IST
Bank of America gets Twitter to delete journalist's joke
Bank of America has asked Twitter to delete tweets of the founding editor of Business Insider`s British edition, Jim Edwards.
Dec 23, 2015, 14:04 PM IST
RBI to pause on Tuesday; cut 0.25% in Feb: BofA-ML
The Reserve Bank is likely to hit the pause button in its policy review meeting on Tuesday, but a 25 basis point cut is likely in February, says a Bank of America Merrill Lynch report.
Nov 27, 2015, 16:15 PM IST
'India to see slow recovery amid global woes, rate cut delays'
According to the global financial services major, notwithstanding a far more politically stronger government, recovery in the Indian economy would be driven by global turnaround.
Oct 20, 2015, 15:48 PM IST
RBI's new norms to boost housing loan market: BofA-ML
The Reserve Bank's new norms on individual housing loans is expected to give a strong fillip to the housing loan market in India, says a Bank of America Merrill Lynch report.
Oct 09, 2015, 17:46 PM IST
