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Basis Point

The security profit change of 0.01%. E.g. the decrease of an interest rate from 5% to 4.5%, means the loss of 50 basis points.

News On Basis Point
Yes Bank cuts base lending rate by 25 bps to 10.5%

18-06-2015| Source:PTI

The reduction, the bank said, was a consequence of the recent term deposit rate cuts of up to 25 basis points it had carried out across various tenors that were made effective from June 17, 2015.

YES Bank cuts base rate to 10.50%

18-06-2015| Source:Moneycontrol.com

YES Bank has cut its base rate by 25 basis points from 10.75 percent p.a. to 10.50 percent p.a. The revised rates will be effective from June 22, 2015.

Overweight India; see rupee at 67/$ in 12 months: UBS  

18-06-2015| Source:CNBC-TV18

Hartmut Issel, head-APAC equity and credit at UBS sees the first Fed rate hike in September, followed by another 25 basis points hike in December.

Base rate cut to help retail advances go up: SBBJ  

17-06-2015| Source:CNBC-TV18

State Bank of Bikaner & Jaipur has cut its base rate by 15 basis points (bps), effective June 18. In an interview to CNBC-TV18, managing director Jyoti Ghosh says the rate cut will not have

This is when Wall Street thinks Fed will hike rates  

16-06-2015| Source:CNBC

That`s not terrible considering stocks are expected to face a headwind from rising rates: the average estimate for the 10-year yield in 2015 rose more than 30 basis points to 2.64 percent and to 3

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