Latest News on Bank Of America Merrill Lynch
Showing of 0 - 10 from 62 results
Bank Of America Merrill Lynch - Total results - 62
May 13, 2019
Former governor Bimal Jalan panel on RBI's Economic Capital Framework to submit report next monthThe six-member Jalan panel was appointed on December 26, 2018 to review the Economic Capital Framework for the RBI
Apr 09, 2019
Oil slips from five-month high as sluggish economic outlook counters tight market, Brent futures at strongest levelDespite the economic concerns, global oil markets are tight, and Brent and WTI crude oil futures have risen by 40% and 30% respectively since the start of the year.
Apr 05, 2019
RBI cuts repo rate by 25 bps: Analysts expect another reduction in June on growth concerns, lower inflation forecastA reduction in June will make it three cuts in a row, after the second consecutive interest cut of 25 bps effected earlier in the day after a similar move in February.
Apr 02, 2019
Government can fund cash dole-outs with bonds or higher taxes: ReportThe study comes amid a rash of UBI-like promises being made ahead of the general elections beginning 11 April through 19 May
Mar 19, 2019
Crude oil prices hover close to 2019 highs on OPEC output cuts, US sanctions against Iran and VenezuelaBrent crude oil futures were up 20 cents at $67.74 per barrel, also close to this year’s peak of $68.14 marked late last week.
Mar 05, 2019
Oil prices fall as China trims 2019 economic growth target; OPEC-led efforts to cut output offer supportThe US West Texas Intermediate (WTI) crude oil futures were at $56.28 per barrel at 0426 GMT, down 31 cents, or 0.6 percent, from their last settlement.
Jan 28, 2019
Budget 2019: Govt set to miss fiscal deficit target by a full 40 bps, says Bank of America Merrill Lynch reportThe government is set to breach the fiscal deficit target yet again by 40 bps for 2018-19, and raise the target to 3.5 percent for next fiscal in the forthcoming budget that may be skewed towards the rural economy, says a foreign brokerage report
Dec 06, 2018
RBI may cut rates by 0.25% in February or April policy review: Bank of America Merrill Lynch report"We expect the RBI MPC (monetary policy committee) to roll back at least 0.25 percent of the 0.50 percent rate hike, in February or April," the American brokerage said
Nov 28, 2018
RBI may infuse another Rs 1.6 lakh crore via open market operations in March quarter: Bank of America Merrill LynchBofAML said it does not rule out the possibility of the RBI cutting the cash reserve ratio (CRR) by 1 per cent if foreign portfolio investors (FPI) flows remain weak.
Nov 26, 2018
RBI can transfer Rs 1 lakh crore of excess reserves to govt: Bank of America Merrill Lynch report"We expect the proposed committee on the RBI's economic capital framework (ECF) to identify Rs 1-3 trillion which is 0.5-1.6 percent of GDP as excess capital," analysts at Bank of America Merrill Lynch said in a note on Monday.