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Bofa Ml India

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50 bps lending rate cut likely by Sept: BofA-ML

In April, RBI reduced policy rate by 0.25 per cent to 6.5 per cent -- lowest level in more than 5 years.  Banks in India are expected to cut lending rates by up to 50 basis points by September......

Fed rate hike, Bihar polls to drive Indian markets: BofA

The three major events that are likely to drive the Indian markets in the coming few weeks are rate hike by the US Federal Reserve, corporate earnings and Bihar polls, says a report by Bank of......

June quarter GDP to be at 6 %; FY15 GDP at 5.4%: BofA-ML

India's GDP growth rate in the first quarter of this fiscal year is likely to be around 6 per cent up from 4.6 per cent in March, driven up by higher industrial growth, a Bank of America Merrill......

Market volatility in India to rise as elections near: BofA-ML

Bank of America Merrill Lynch has said volatility in Indian markets is likely to rise sharply as general elections near. According to a report by BofA-ML, capital markets are ‘usually jittery......

Why the US shutdown is positive for India

Brokerage firm Bank of America Merrill Lynch (BofA-ML) on Monday said the ongoing US government shutdown is positive for the country, as it gives additional time to recoup the forex reserves. "Our......

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