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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
Union Bank of India raised USD 350 million from bonds

23-04-2014| Source:PTI

The 5.5 years bonds were priced at a spread of 280 basis points and was oversubcribed 3.4 times with demand from 150 investors, Union Bank of India said in a statement.

HDFC Bank's NIM a positive surprise: Analysts  

22-04-2014| Source:CNBC-TV18

HDFC Bank's net interest margin for the fourth quarter grew 20 basis points sequentially to 4.4 percent.

HDFC Bank Q4 net up 23%, NIM strong, asset quality stable  

22-04-2014| Source:Moneycontrol.com

interest margin stood at 4.4 percent, a growth of 20 basis points on sequential basis that was better than expectations.

RBI raises Rs 20000 cr in biggest-ever bond auction

17-04-2014| Source:Reuters

The 10-year benchmark bond yield fell 4 basis points to 8.93 percent from 8.97 percent before the auction results after the better-than-expected cutoffs. The yield was down 3 bps on the day.

IndusInd Bank rises 2% on hopes of better Q4 earnings

16-04-2014| Source:Moneycontrol.com

Analysts feel the net interest margin may be stable due to wholesale funds being stable sequentially and guided by the management to be stable while some expect NIM to moderate 10-12 basis points Q-o-Q.

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