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About 32 results for "bofa ml india"

RBI may effect 25 bps rate cut on Feb 8, in April: BofA-ML
Money Control

RBI may effect 25 bps rate cut on Feb 8, in April: BofA-ML

The Reserve Bank of India isexpected to go in for a 25 bps rate cut at its next monetarypolicy meet on February 8 -- as also in April -- says a Bankof America Merrill Lynch (BofA-ML) report. Money Control, 23 hours ago

2 images for "bofa ml india", 21 hours ago
Financial Express, 2 months ago

India's GDP To Come Down To 6.9%: BofA-ML

A Bank of America Merrill Lynch (BofA-ML) report has said that the Indian economy is going through a shallow recovery and GDP growth is expected to come down to 6.9 percent this fiscal following demonetisation.Commenting on the issue, a BofA-ML Official ...
 One India1 month ago Demonetisation effect: BoFA lowers GDP forecast to 6.9% for FY 2017  Business Standard India1 month ago Demonetisation: BofA cuts India's current fiscal growth forecast to 6.9%  Economic Times1 month ago BofA cuts FY17 growth forecast to 6.9% amid demonetisation  India.com1 month ago

Lower lending rates to cushion note ban, 50-75 bps cut likely: BofA-ML

Banks are expected to bring down lending rates by 50-75 basis points in April-September if the Reserve Bank of India (RBI) injects liquidity worth Rs 2,20,000 crore through open market operations, says a report.
 DNA2 weeks ago Demonetization: 'Expect banks to cut lending rates soon'  DNA India1 month ago

To allow increased govt spending, Budget maybe flexible on fiscal deficit

At a time when major economies have increased spending, India will have to do the same. When Finance Minister Arun Jaitley presents the 2017-18 Budget on February 1, he may announce a fiscal deficit target close to 3.5 per cent of gross domestic product.  A government official said this would enable a higher spend on infrastructure, housing, the social sector and other flagship schemes of Prime Minister Narendra Modi’s government. According to the existing fiscal responsibility and ...
 Rediff.com2 days ago

Jaitley likely to target fiscal deficit of 3.5% of GDP in 2017-18: BofA-ML

The Finance Minister is likely to relax the 3% target, and increase it to 3.5% of GDP, in order to support growth.
 DNA1 week ago

85% Jio users to retain service even after free offer: BofA

Over 85 per cent of the current Reliance Jio customers have expressed interest to retain connection even after its free 4G service offer expires on March 31, 2017, as per a sample conducted by Bank of America- Merrill Lynch. "An overwhelming majority - over ...
 Deccan Herald1 week ago

Sensex falls 1.5%, wipes out gains so far this year

Brokerages lower year-end targets for Sensex; rupee hits a fresh nine-month low Mumbai: India's benchmark indices, the Sensex and Nifty, on Monday erased all their gains so far this year and the rupee closed at a fresh nine-month low as foreign ...
 Livemint.com1 month ago
Financial Express

Demonetisation a big blow! GDP growth may dip below 6% in FY17

Nomura, for instance, believes there is a downside risk to its Q1 GDP growth projection of 6.9% y-o-y. (Source: Reuters) With consumption spends in rural and urban India stifled by the acute scarcity of cash, the economy is set to clock sharply ...
 Financial Express3 weeks ago Note ban a big blow!  MSN News US3 weeks ago Note ban a big blow! GDP growth may dip  MSN News US3 weeks ago

5 events the markets may react to in 2017

Demonetisation impact, earnings growth, central bank policies will get attention, reports Puneet Wadhwa.Illustration: Dominic Xavier/ It has been an eventful year for the markets, which took most of the global and domestic events in their stride. Internationally, events such as Brexit, the surprise victory of Donald Trump in the US presidential election and the rate hike by the US Federal Reserve (US Fed) impacted sentiment. On the other hand, the government's clampdown on black money ...
 Rediff.com3 weeks ago

Banks ask for more capital from FM

Demonetisation, that apparently hit businesses of banks, state-owned lenders demanded more money for their recapitalisation from Finance Minister Arun Jaitley. In their pre-Budget meeting with the minister, the PSU bankers also sought a complete removal of ...
 Deccan Herald4 weeks ago
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