Page 8 - Bank Of America
Women in India Inc: Representation remains poor despite regulatory push
Currently, about 43 companies in the top 500 are yet to appoint women independent directors
 "Women in India Inc: Representation remains poor despite regulatory push")
Bank of America expects RBI to build $550-billion forex reserves
According to BofA, the 'conservative' level of forex reserves for the RBI works out to be $550 billion.
 "Bank of America expects RBI to build $550-billion forex reserves")
Cut in lending rates insufficient to boost credit growth: BofA Securities
The Reserve Bank cut rates in five consecutive reviews in 2019 before pausing in December due to surge in inflation
 "Cut in lending rates insufficient to boost credit growth: BofA Securities")
Long-term growth narrative has been set by Sitharaman: BofA's Kaku Nakhate
The government's decision of upholding power purchase agreements as well as the opening up of railways, city gas distribution, and electricity supply to the private sector, are welcome steps
 "Long-term growth narrative has been set by Sitharaman: BofA's Kaku Nakhate")
Indian economy in great position with growing consumption story: BofA CEO
He said the Indian economy is in a great position and the consumption story is growing there
 "Indian economy in great position with growing consumption story: BofA CEO")
That recession everyone feared just got priced out by a record stock rally
Very big years in markets rarely come right before recessions
 "That recession everyone feared just got priced out by a record stock rally")
Bank of America lends over Rs 350 cr to Solar firm Fourth Partner Energy
Fourth Partner will deploy the proceeds to grow its solar operational portfolio over the next 18 months
 "Bank of America lends over Rs 350 cr to Solar firm Fourth Partner Energy")
Bank of America opens Global Business Services Center at GIFT-IFSC
The new centre will allow BoA to raise debt in international currency, even as the foreign bank launched two Indian bond auctions at its platform in GIFT-IFSC
Reliance could be the first to hit $200 bn m-cap in 24 months: Report
In a report, Bank of America Merrill Lynch said the key drivers to achieve this feat are new commerce ventures in unorganised retail market, entry into SME enterprise space with Microsoft
 "Reliance could be the first to hit $200 bn m-cap in 24 months: Report")
BofA Q4 net slumps on $2.9-bn tax charge, adjusted income beats estimates
The bank's non-interest expenses fell 1 percent to $13.27 billion
 "BofA Q4 net slumps on $2.9-bn tax charge, adjusted income beats estimates")
Bank of America misses a big options payday, Goldman cashes in
Contrast shows gaps between banks that have recovered from financial crisis and those that haven't
 "Bank of America misses a big options payday, Goldman cashes in")
Bank of America hiring investment bankers for new middle-market push
The lender is set to hire not more than 10 people to advise mid-sized firms on mergers and stock and bond offerings
 "Bank of America hiring investment bankers for new middle-market push")
