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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
RJio row: Trai seeks daily report from telcos on congestion

30-09-2016| Source:PTI

"We have asked operators for report on congestion over point of interconnection on daily basis. We have earlier sought report for period between September 15-19. Now we have asked for reports

40% chance of a 25 bps rate cut on October 4: Nomura analyst  

30-09-2016| Source:CNBC-TV18

The Reserve Bank of India (RBI) is likely to consider cutting interest rates by 25 basis points, or 0.25 percent, when it meets to decide on monetary policy on October 4, says Vivek Rajpal, Rates

Dip good for buying; set for low interest rate scenario: Oswal  

30-09-2016| Source:CNBC-TV18

Going forward we are set for a low interest rate scenario with possibility of 25 basis points cut maybe in October or December, said Motilal Oswal, CMD, Motilal Oswal Financial Services.

Ujjivan to cut interest rates, pass on benefits to customers  

29-09-2016| Source:CNBC-TV18

Ujjivan Financial Services Limited the micro finance lender announced interest cut Thursday to the tune of 75 basis points with effect for October 1, 2016.

Deutsche Bank to sell UK insurer Abbey Life for 1.1 bn euros

28-09-2016| Source:PTI

Deutsche Bank said in a statement that the sale would boost its core capital ratio -- the stock of funds regulators require banks to have on hand -- by 10 basis points, or 0.1 percent over its level

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