Indranil Sengupta, Chief Economist India, BofA ML is hopeful that CPI inflation may subside to 8.5 percent level going ahead.
Indranil Sengupta, Chief India Economist of BofA ML sees FY14 growth around 4.6 percent. According to him, cutting lending rates is a key to revive growth.
We welcome RBI's decision to conduct open market operations worth Rs 100 billion on October 7, says Indranil Sengupta, BofA ML.
We expect the July 15 tightening measures to be rolled back in December if the FCNRB deposit-cum-swap scheme nets USD 10 billion by November 30, says Indranil Sengupta, BofA ML.
In an interview to CNBC-TV18, Indranil Sengupta, Chief Economist-India, Bank of America Merrill Lynch spoke about rupee and the GDP number
Due to squeeze in liquidity high lending rates will eat away benefits of monsoon. Therefore, GDP growth will depend a lot upon when the monetary policy is dismantled, says Indranil Sengupta, Chief Economist India, BofA ML.
Bank of America-Merrill Lynch (BofA ML) has lowered its India gross domestic product (GDP) estimate for FY14 to 5.5 percent versus a 5.8 percent earlier, after the central bank announced a slew of measures to curb rupee liquidity.
In an interview to CNBC-TV18, Indranil Sengupta, Chief Economist - India, BofA ML spoke about trade deficit number, rupee, CPI. He said that he sees CPI at 9.3 percent and Index of Industrial Production (IIP) at 0.5 percent.