BoFA

Pandemic pushes back USD 5 trillion GDP goal by 3 years to FY32: Report

Pandemic pushes back USD 5 trillion GDP goal by 3 years to FY32: Report

The pandemic-induced shocks to the economy which have already shaved off 15.7 per cent of the GDP from the previous year, will delay the ...Read More

BofA expects 'busy' second half of this year

BofA expects 'busy' second half of this year

Global investment banking major Bank of America (BofA), which stood second in the India deal street ranking in the first half, is bullish...Read More

India's GDP to contract by 3% in FY21: BofA

India's GDP to contract by 3% in FY21: BofA

BofA Securities also said the RBI will monetise the fiscal deficit through purchase of government bonds of up to USD 95 billion through o...Read More

RBI may have to monetise around Rs 7 lakh cr of stimulus package: BofA

RBI may have to monetise around Rs 7 lakh cr of stimulus package: BofA

"Of the nearly 10 per cent of GDP worth stimulus, 7.3 percentage points of it can be funded through many means. But the balance 2.7 perce...Read More

PSB NPAs likely to rise 2-4% points; may push govt to recapitalise via RBI reserves, bonds: Report

PSB NPAs likely to rise 2-4% points; may push govt to recapitalise via RBI reserves, bonds: Report

The consolidated fiscal deficit target is likely to overrun by 2 percentage points due to stimulus spends, lower tax receipts and dip in ...Read More

BofA cuts March quarter growth forecast to 4%

BofA cuts March quarter growth forecast to 4%

The brokerage expects the pandemic-driven lockdowns to run through mid-April, crippling economic activities across the value-chain.

Government can get Rs95,000-crore from infra bonds: BofA

Government can get Rs95,000-crore from infra bonds: BofA

As it looks for means to push growth, the government can look at issuing infrastructure bonds via a special purpose vehicle (SPV), which...Read More

85% Jio users to retain service even after free offer: BofA

85% Jio users to retain service even after free offer: BofA

New Delhi,  Over 85 per cent of the current Reliance Jio customers have expressed interest to retain connection even after its free 4G se...Read More

Free Press Journal

www.freepressjournal.in