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Additional central borrowing a negative surprise: BofAML
Fri, Dec 29, 2017
The global brokerage expects Finance Minister Arun Jaitley to hold to the fiscal deficit target of 3.2 per cent of GDP, same as 2017-18, with net borrowing of Rs 4,92,000 crore.
RBI may keep interest rates unchanged on April 6; expects 25 bps cut in August: BofAML
Thu, Mar 30, 2017
Bank of America Merrill Lynch (BofAML) in its recent research note has said that RBI is likely to keep key interest rates unchanged on April 6 with further 25 basis points rate cut expectations in its next monetary policy meet on August 2.