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    • DB sees India's GDP growth at 7.8% next year

      DB sees India's GDP growth at 7.8% next year

      Speaking to reporters during the bank's annual Asia Conference yesterday, Spencer said that Indian banks' efforts to recapitalise and improve balance sheets while sorting out non-performing loans.

    • Expect RBI to cut 75bps in 6-8 months: Deutsche Bank

      Expect RBI to cut 75bps in 6-8 months: Deutsche Bank

      Michael Spencer, Chief Economist told CNBC-TV18 that the economy seems to have bottomed out in Q3 and he expects a shallow recovery mainly supported by global cues.

    • JPMorgan downgrades India to neutral

      JPMorgan downgrades India to neutral

      We have downgraded India to Neutral on the back of higher comparable inflation levels and RBI's response. Indian markets relative to EM is down 3% since the last upgrade and we see more opportunities in other ASEAN markets.

    • Expect 100 bps rate hike over 12 months: Deutsche Bank

      Expect 100 bps rate hike over 12 months: Deutsche Bank

      Michael Spencer, chief economist at Deutche Bank tells CNBC-TV18 that tensions in West Asia have pushed crude oil prices to elevated levels. He also says he expects India’s apex bank, the Reserve Bank of India to hike rates by a 100 bps over the next 12 months.

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