Analysts see FY15 CAD at 1.4% on further likely fall in crude

Last Updated: Tuesday, December 9, 2014, 17:27

Analysts have allayed fears of widening current account deficit, which is 2.1 percent of GDP for the July-September period, and pegged it in the range of 1.4 to 1.8 percent for the full 2014-15 fiscal due to falling crude oil prices.

RBI may hike rate; inflation could ease in H2 of 2014: BofAML

Last Updated: Monday, November 25, 2013, 16:32

Core WPI inflation should rule at relatively benign sub-5 percent levels with a tight RBI policy dampening pricing power, BofAML said.

BofA-ML says time is right for RBI to taper oil swap window

Last Updated: Tuesday, November 5, 2013, 16:48

"We believe the time is right for RBI to start tapering its swaps with oil companies as the markets are already pricing these in," BofA-ML said in a report.

BofA-ML cuts FY14 CAD forecast to 3.2% from 4%

Last Updated: Tuesday, October 1, 2013, 12:53

Bank of America Merrill Lynch (BofA-ML) on Tuesday lowered its current account deficit (CAD) target for India for the current financial year to 3.2 percent of the GDP from 4 percent earlier.

Banks could mobilise up to $10 billion from abroad: Experts

Last Updated: Thursday, September 5, 2013, 13:50

The Reserve Bank's move to allow a special window to swap foreign currency non-resident (FCNR) dollar funds for boosting foreign fund inflows is likely to fetch around USD 10 billion, say experts.

FIIs weren't dumping domestic stocks in Q1: BofA-ML

Last Updated: Wednesday, August 21, 2013, 21:11

Despite reports to the contrary, the foreign institutional investors (FIIs) were net buyers on Dalal Street by pumping in USD 2 billion in June quarter, says a Bank of America Merrill Lynch (BofA-ML) report.

RBI may cut CRR by 0.25% on Jul 30, but no repo cut: BofA-ML

Last Updated: Friday, July 5, 2013, 17:20

BofA-ML also said despite some public sector banks responding to finance minister P Chidambaram's call to cut base rate, tight liquidity remains a constraint.

CAD to ease to 4.4% in FY14 on lower oil, gold prices: BofA-ML

Last Updated: Friday, June 28, 2013, 15:37

India's current account deficit (CAD) is likely to ease to 4.4 percent of the GDP in the current fiscal year on lower oil and gold prices, Bank of America Merrill Lynch (BofA-ML)said in a research note.

Most of rupee depreciation may be behind us: BofA-ML

Last Updated: Wednesday, June 12, 2013, 14:27

The rupee which has depreciated by 6 percent over the past month, is likely to stay "volatile" in the near term but the worst may be behind us, Bank of America Merrill Lynch said in a research note Wednesday.

BofA-ML trims India's FY14 GDP forecast yet again to 5.8%

Last Updated: Monday, June 3, 2013, 17:41

Bank of America Merill Lynch (BofA-ML) on Monday lowered India's GDP growth projection yet again, saying the economy will expand at 5.8 percent during the current fiscal in view of tight liquidity and slow industrial recovery.

BofA-ML sees 25 bps cut in repo, CRR in June review

Last Updated: Monday, May 27, 2013, 17:46

In the last policy announcement on May 3, the central bank had cut its key rate of lending--the repo rate-- by 0.25 percent.

Credit growth to fall to 15-year low in FY14: BofA-ML

Last Updated: Tuesday, April 9, 2013, 20:58

Bank of America-Merrill Lynch (BofA-ML) Tuesday said loan growth of Indian banks will fall to a 15-year-low of less than 13 percent in the current fiscal.