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Interest Rates Likely to Come Down in 2015: BofA
06 Jan 2015, 04:04 PM IST i


The year 2015 is likely to see lower rates to support growth and the Reserve Bank is expected to cut key policy rates by 0.25 per cent in February's monetary policy review meet, says a Bank of America Merrill Lynch report.
It pegs the Indian currency at Rs 62 levels against the dollar in March this year.
According to the global financial services major, CPI inflation is all set to achieve the RBI's target of 8 per c...
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