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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
TCS Q4 nos to be inline with management guidance: Kotak Ins  

16-04-2015| Source:CNBC-TV18

IT major TCS is likely to set the tone for earnings this quarter. Cross currency headwinds remain major concern as the company had earlier indicated a 40 basis point impact on margins due to forex

India to hold up well post Fed rate hike: S&P  

13-04-2015| Source:CNBC-TV18

Beth Ann Bovino, US Chief Economist at S&P sees the Fed hiking rates by 25 basis points in September. Further rate hikes will be depend on data and how the US economy absorbs the first rate hike

SBI cuts home loan interest rate by up to 0.25%

12-04-2015| Source:PTI

For women borrowers the rate has been aligned to the base rate at 9.85 percent per annum, SBI said in a statement. However, for other borrowers, the interest rate will be 9.90 percent, 5 basis points

CARE expects 50 basis points cut in repo rate in FY16

08-04-2015| Source:Moneycontrol.com

CARE Ratings has come out with its report on RBI's Monetary Policy. The rating agency foresee a 50 basis points cut in the repo rate in FY16, the same is unlikely to be seen till June '15, says

Do not expect rate cuts to impact banks' margins: Edelweiss  

08-04-2015| Source:CNBC-TV18

The top 3 banks SBI, ICICI and HDFC Bank on Tuesday cut their lending rates by 15 basis points post RBIs nudge.

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