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Bank of America Merrill Lynch
RBI may cut CRR by 1% in Dec if FPI flows don't revive: BofAML
Mon, Oct 29, 2018
Bank of America Merrill Lynch (BofAML) Monday said the RBI is likely to reduce the cash reserve ratio (CRR), or the amount of bank deposits parked with the central bank, by one percentage point in December, if the portfolio flows do not revive.
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China startup NIO hires eight banks for up to $2 billion US IPO: Sources
Wed, Feb 28, 2018
NIO`s proposed IPO of $1 billion-$2 billion comes as the firm, founded by Chinese internet entrepreneur William Li in 2014, seeks fresh capital to finance its expansion and investments in areas including autonomous driving and battery technologies, one of them said.
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90% Reliance Jio users opted for Prime, most ready to continue: Bank of America Merill Lynch
Sun, Jun 18, 2017
Around 90 per cent of Reliance Jio users are estimated to have subscribed to its promotional Prime membership plan, as per a report by Bank of America Merill Lynch. Around 76 per cent are ready to continue using Jio's service once the promotional period ends, it added.
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