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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
After rate cut, what's next from PBOC?

02-03-2015| Source:CNBC

The People's Bank of China (PBOC) cut benchmark interest rates by 25 basis points to 5.35 percent on February 28 as deteriorating economic conditions forced the central bank to shorten the time gap

Sterlite Tech arm refinances Rs 925-cr loan  

25-02-2015| Source:Moneycontrol.com

Anand Agarwal, CEO and director of Sterlite Technologies says during the construction phase, interest rate was 11.5-12 percent. It has now managed to refinance the project almost 150 basis point

Indian market closed on Feb 17 for public holiday

17-02-2015| Source:Reuters

The benchmark 10-year bond yield inched up 1 basis point to 7.71 percent, while the partially convertible rupee closed at 62.1550/1650 per dollar versus Friday's close of 62.1950/2050.

BJP must focus on revival, governance now: Dipan Mehta  

10-02-2015| Source:CNBC-TV18

The Budget process is already underway and the BJP needs to build a perfect platform and prepare the Budget on basis on merit and on what the country and the economy really requires at this point

Higher consumer saving to bode well for FMCG: Birla Sunlife

06-02-2015| Source:Moneycontrol.com

As economy rebounds cyclical sectors especially banking and autos will gain. Interest rate cut of 50 to 75 basis points over next 12 months will be conducive for growth.

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