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 ISTDemonetisation to pull down Q2 growth by 40 bps to 7.2%: Icra
Citing debilitating impact of the demonetisation drive on the economy, domestic rating agency Icra today forecast a 40 bps dip in growth rates to 7.2 per cent in the second quarter of the current fiscal.
Nov 21, 2016, 17:47 PM IST