BofA-ML trims India's growth forecast to 5.5%

Bank of America Merill Lynch on Tuesday revised India's gross domestic product growth forecast lower to 5.5 per cent for this fiscal from 5.8 per cent earlier, as Reserve Bank of India's tightening......

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

Bank of America Merill Lynch on Monday lowered India's GDP growth projection yet again, saying the economy will expand at 5.8 per cent during the current fiscal in view of tight liquidity and slow......

50 bps lending rate cut likely by Sept: BofA-ML

In April, RBI reduced policy rate by 0.25 per cent to 6.5 per cent -- lowest level in more than 5 years.  Banks in India are expected to cut lending rates by up to 50 basis points by September......

Sensex to touch 54K by 2018: BofA-ML

The Sensex is expected to touch 54,000 by end-2018, although it is likely to slide over the next few months as "nothing has changed on the ground yet", says Bank of America Merrill Lynch (BoFA-ML).......