Feb 19, 2020 09:37 AM IST
Bank of America-Merrill Lynch's loan growth indicator says that loan growth will again fall after seasonal spurt in March.
- Nov 13, 2019 01:47 PM IST
Hopes of a US-China trade deal lead to optimism on global growth
- Jul 17, 2019 08:50 AM IST
Belief in central bank omnipotence is fading. Investors need to a close watch on how this tail risk evolves.
- Jun 19, 2019 08:59 AM IST
Central banks will once again ride to the rescue, but monetary policy impotence is an increasing risk
- Feb 14, 2019 12:48 PM IST
Powell's U-turn makes EM equities most favoured among fund managers.
- May 09, 2018 06:15 PM IST
ArcelorMittal offered in March to sell its galvanized steel plant in Italy, as well as units in Romania, Macedonia, the Czech Republic, Luxembourg and Belgium as a concession to EU regulators for its 1.8 billion euro ($2.15 billion) bid for Ilva.
- Feb 05, 2018 06:00 PM IST
The government is expecting growth to rise to 7-7.5 percent in the next fiscal.
- Dec 22, 2017 08:36 AM IST
The Securities and Exchange Commission and the Financial Industry Regulatory Authority will each fine Bank of America Merrill Lynch $13 million over brokerage account transactions that occurred mainly in 2010 and 2011 and were not properly policed for illicit activity, the sources said.
- Sep 22, 2017 10:31 AM IST
There is likely potential risk of 6 percent equity issuance in DLF while the valuations look expensive for 3 percent FY19 return on equity, BofAML said in its report.
- Sep 22, 2017 10:01 AM IST
Prestige Estates is expected to show growth of earnings per share (EPS) at coupound annual growth rate (CAGR) of 40 percent over FY17-19 while on the other hand return on equity (RoE) is set to rise to 10 percent in FY19.
- Jul 13, 2017 11:11 AM IST
A major improvement in equity value is possible in a scenario Bharti divests its controlling stake in Infratel and uses the proceeds to repay debt, says BofAML.
- Jul 13, 2017 09:38 AM IST
Mookim feels there is little room for further upside, while market is susceptible to reversal of the global tide.
- Jun 28, 2017 01:43 PM IST
"Our BofAML liquidity model forecasts that loan growth will pick up to 15 per cent from 9.1 per cent in 2016-17 as the demonetisation shock works itself out," BofAML said in a note.
- Jun 05, 2017 03:43 PM IST
This covers bank loans to farmers with up to 5 acres of land. The report said the Ministry of Finance will have to fund farm loan waivers by UDAY-type bonds to limit market impact. On Saturday, the Maharashtra government waived loans of Rs 300 billion/0.2 per cent of GDP owed by farmers with up to 5 acres of land by October.
- May 26, 2017 10:15 AM IST
A total 17 banks had bid to underwrite the so-called qualified institutional placement, for which SBI will pay a nominal fee of one rupee, IFR, a Thomson Reuters publication, reported.
- Apr 27, 2017 10:46 AM IST
Sanjay Mookim of BofAML says macro story in the long run is positive and that household capex will also see a pick up. He likes private sector, retail focused banks and is worried on IT
- Apr 19, 2017 01:08 PM IST
According to the global financial services major, rural demand is already reviving and the autumn kharif farm income has jumped by 26 per cent last year.
- Apr 13, 2017 12:50 PM IST
According to the global financial services major, inflation risks are overdone and noted that food inflation is coming off while El Nino is a swing factor and commodity prices are likely to stabilise in 2017, reducing the pressure on imported inflation.
- Apr 10, 2017 12:35 PM IST
At the April 6 policy review meet, the RBI kept repurchase or repo rate -- at which it lends to banks -- unchanged at 6.25 per cent but increased reverse repo rate to 6 per cent from 5.75 per cent.
- Mar 30, 2017 02:15 PM IST
The RBI shifted to a neutral stance from accommodative in February and this, in turn, may prompt the central bank to hold rates in the ensuing meet early next month.
- Mar 22, 2017 08:25 PM IST
Nearly 82 percent of Reliance Jio users surveyed have expressed their willingness to continue with its services even after the free offers ends, a Bank of America Merrill Lynch survey today claimed.
- Mar 16, 2017 01:52 PM IST
PM Modi's recent victories in state elections could lead to positive policy surprises, and that is a risk to underweight rating.
- Mar 15, 2017 12:54 PM IST
CLSA says Mohali plant clearance is a significant positive development for the company and shows progress on regulatory issues. Clearance makes a large oral solid dosage site available to de-risk existing sites.
- Mar 09, 2017 10:42 AM IST
Coupled with the residual impact of demonetisation, Sensex consensus earnings are likely to be cut by 6-8 percent over FY18-19, Sanjay Mookim says.
- Mar 07, 2017 10:08 AM IST
Kotak Institutional Equities cautioned the street of higher-than-expected stress in Bharat Financial's portfolio. It has retained reduce call with a target price of Rs 730.