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BofA expects two more interest rate hikes from Fed, growth in Q4
June 15, 2023 11:34 am
BofA Global Research said it now expected two more quarter percentage point interest rate hikes from the US Federal Reserve this year, taking its terminal rate forecast to 5.5% to 5.75%.
Amid banking crisis, nervous investors dump stocks and hold cash, says BofA
May 05, 2023 4:02 pm
Equity funds saw $6.6 billion of outflows in the week, the largest weekly outflow in nine weeks, BofA said, in a Friday note, citing EPFR data.
BofA expects 8.2% GDP growth next fiscal with more downside risks
December 24, 2021 5:38 pm
The biggest risk to the projection is a derailed consumption demand that has been the main growth driver in the past many years, said the Bank of America Securities India house economists who still believe that consumption demand will remain the key driver of growth next fiscal as well.
Zee Entertainment share price surges after Rakesh Jhunjhunwala and BofA Securities buy stake
September 15, 2021 12:46 pm
ZEEL share price: After surging 40.06 per cent on the National Stock Exchange (NSE) on Tuesday, the stock rallied another 14.99 per cent in the intraday trade on Wednesday to hit a 52-week high of Rs 300.75 on the NSE.
Second wave of COVID-19 poses risk to economic recovery; Q4 GDP to be hit: BofA Securities
April 16, 2021 3:52 pm
Noting that a month-long nationwide lockdown can shave off 100-200 basis points off the GDP, the brokerage said growth is still weak, amplified by the steep fall in key economic activity indicators and the anaemic loan growth, and the surging pandemic cases is only increasing the worries on the growth front.
Mysterious turn to Sahara's $2-bn deal; BofA says not a banker
February 05, 2015 2:55 pm
'We are in no way connected with this transaction,' a spokesperson for Bank of America said.
Unearthing black money can bring $30 bn windfall for India's forex reserves: BofA
October 29, 2014 10:07 pm
The unearthing of capital flight of "black" money Indians have allegedly stashed away in Swiss banks could add USD 30 billion...
100% FDI in telecom to spur interest in upcoming auctions: BofA
July 21, 2013 3:20 pm
Last week,govt permitted 100% FDI in telecom,versus 74% ownership cap earlier.
RBI may cut CRR,postpone repo rate cut till rupee stabilises: BofA
July 02, 2013 4:57 pm
The Reserve Bank of India may cut cash reserve ratio (CRR) by 0.25 percentage points.
Tata Motors DVRs better than stock: BofA
February 28, 2012 3:26 pm
At present,discount is close to historic peak of 53 %,according to a research note from Bank of America Merrill Lynch.
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