E-PaperBank Of America Merrill Lynch News
RBI has cut rates by 110 bps since April, but average lending rates goes up 8 bps: Report
The finding was part of a report by economists at Bank of America Merrill LynchEconomic growth has fallen to a six-year-low of 5% in the June quarter and is widely expected to slip further
1 min read19 Nov 2019Wall Street financial firms plan new exchange to challenge NYSE, Nasdaq
The companies will create the new venture called Members Exchange (or MEMX) and will be funded and controlled by nine institutions
1 min read7 Jan 2019RBI can transfer ₹1-trillion of excess reserves to govt: BoAML analysts
Giving a break-up, the report said ₹1.05 trillion can be transferred if the contingency reserve is capped at 3.5 percent of the RBI book
2 min read26 Nov 2018Global growth at risk from $100 oil next year, says BofAML
Oil prices at $100 a a barrel could shave 0.2 percentage points from global economic growth next year: Bank of America Merrill Lynch
1 min read9 Oct 2018BAML flags ‘1998 redux’, notes heavy outflows from corporate bonds
Investment-grade corporate bond funds shed $3.1 billion in the week leading up to Wednesday, shows BAML data
1 min read7 Sep 2018Oil dips on rising US supply, potential Venezuela production investment
In the US, crude inventories rose by 38,000 barrels to 405.7 million barrels in the week to 24 August
2 min read29 Aug 2018Bank of America Merrill Lynch is building cross-country employee bonds
GetActive is essentially a step-counting challenge that aims to inculcate a more active lifestyle
3 min read2 Sep 2021Farm loan waivers to touch $40 billion by 2019 elections: Report
'Farm loan waivers will double to $40 billion by the summer 2019 elections after the Karnataka government wrote off $5 billion of farm loans of up to Rs2 lakh,' says BofAML report
1 min read6 Jul 2018RBI to raise $30-35 billion via NRI bonds to support rupee: Report
RBI is expected to raise $30-35 billion through NRI bonds to support the rupee and offset the slowdown in FPI flows, says a Bank of America Merrill Lynch report
1 min read11 Jun 2018BoFA-ML sees Sensex declining 11.5% by year-end
Rapid rise in markets seems to have added momentum to arguments in favour of equity long-term capital gains (LTCG) tax, say analysts
2 min read24 Jan 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared