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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
Rouble strengthens as Russian govt starts selling FX

17-12-2014| Source:Reuters

The Russian currency has come under heavy selling pressure this week, forcing the central bank to hike its key interest rate by an unexpected 650 basis points, in an emergency move that did little

Coming soon: Capital controls in Russia?  

17-12-2014| Source:CNBC

The battered currency has continued in its downward spiral despite the Central Bank of Russia's (CBR) astonishing 650 basis-point rate hike late Monday.

Rouble hits new lows as Russian rate hike fails to support  

16-12-2014| Source:Reuters

The rouble opened around 9 percent stronger against the dollar following the overnight 650 basis point rate hike, but it quickly reversed gains and fell to new lows, pushing losses this year against

Cut base rate to be competitive; see FPO in'15: Bk of Maha  

11-12-2014| Source:CNBC-TV18

Bank of Maharashtra has cut base rate by 15 basis points to 10.25% with effect from December.

SBI launches first homegrown economic indicator

09-12-2014| Source:PTI

The SBI Composite Index rivals the existing data point from British lender HSBC. The SBI index has been developed on the basis of the bank's internal loan portfolio, which mirrors the credit demand

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