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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
L&T likely to post 15-17% EPS growth in FY15: Ambit Cap  

23-05-2013| Source:CNBC-TV18

Bhasin sees the company's margins going down by 20 basis points (bps) and sees numbers stabilising towards the end of 2014 and 2015. He continues to be optimistic on the companys guidance.

Rate cut expectations rise after inflation surprise

17-05-2013| Source:Reuters

The 10-year benchmark bond yield fell as much as 12 basis points on Wednesday to 7.35 percent, its lowest since December 2009.

RBI to cut rates in June, July after April WPI: BofA-ML

17-05-2013| Source:Reuters

Bank of America-Merrill Lynch expects the Reserve Bank of India to cut interest rates by 25 basis points on June 17, and then by another 25 bps in July - revising its prior expectation of a cut

Mecklai graph of the day: Race to rate cuts

15-05-2013| Source:Moneycontrol.com

.25 percent, bringing its interest rate down by a whopping 75 basis points.

IDBI Bank cuts short term retail deposit rates by 15-50 bps

10-05-2013| Source:Moneycontrol.com

IDBI Bank reduced short term retail deposit rates by 15-50 basis points in select maturities for an amount less than Rs one crore.

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