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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
Expect 100 bps improvement in cost of funds: DHFL  

26-08-2016| Source:CNBC-TV18

In an interview with CNBC-TV18, Harshil Mehta said that the company's focus has been on improving its cost of funds and expects a 15-25 basis points (bps) improvement for the same in the short term.

Sitharaman plumps for 200 bps rate cut by RBI

24-08-2016| Source:PTI

Commerce and Industry Minister Nirmala Sitharaman today pitched for as much as 200 basis points, that is 2 per cent, interest rate cut by RBI to help the cash-starved MSME sector.

India bonds, rupee fall after Urjit Patel chosen to head RBI

22-08-2016| Source:Reuters

The benchmark 10-year bond yield rose 4 basis points to 7.14 percent, while the rupee fell to a near one-month low of 67.17/67.18 to the dollar, compared with its close of 67.07.

Axis Bank cuts MCLRs

17-08-2016| Source:Moneycontrol.com

Axis Bank has reduced its MCLR reduced by 5 basis points across all tenors.

RBI may cut key rates by 25 bps in Oct 4 policy review: BofA-ML

16-08-2016| Source:PTI

Notwithstanding the significant jump in consumer price inflation, the Reserve Bank of India is expected to cut key policy rates by 25 basis points in its policy review meet on October 4, as good

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