Search For "basis points"
Primex 40 Index Hits Record High: Outperforms Nifty 500 Multicap in H1 202
Updated : 1 year, 10 months ago IST
New Delhi [India], May 28: The Primex 40, an index tracking the performance of the top 40 Indian private companies in unlisted and delisted markets, recently achieved an all-time high of 2763.89, growing over 236 basis points since the last record-high achieved on November 1, 2021. The Prime
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Bank credit growth to stay healthy, but with some moderation: Crisil
Updated : 1 year, 10 months ago IST
Bank credit growth is expected to moderate 200 basis points (100 basis points is equal to 1 percentage point) to 14 per cent this year after an estimated robust growth of 16 per cent last financial year, according to Crisil Ratings.
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RBI's record dividend of Rs 2.11 lakh crore will be a booster for new govt
Updated : 1 year, 10 months ago IST
The fiscal deficit of the government to reduce by 30-40 basis points from the budgeted level of 5.1 per cent of GDP, highlights a report by SBI
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IMF forecasts global growth of 3.2 pc in 2024
Updated : 1 year, 11 months ago IST
The International Monetary Fund (IMF) forecasts a global economic growth rate of 3.2 percent for the year 2024, raising it's growth forecast by 10 basis points.
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Indian banks expected to maintain profitability amid margin pressure: Fitc
Updated : 1 year, 12 months ago IST
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis points over the next two years from the current cyclical peak of 3.6 per cent in the nine months of the financial year ending March 2024 (9MFY24), the sector's earnings resilience will persist.
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S&P forecasts 75 basis points repo rate cut in India in 2024-25
Updated : 2 years ago IST
S&P Global Ratings forecast rate cuts of up to 75 basis points (100 basis points is equal to 1 percentage point) in India by its central bank in the financial year 2024-25.
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Fitch raises India 2023-24 growth forecast above government estimates
Updated : 2 years ago IST
This growth forecast by the global rating agency is 20 basis points higher than the government's estimate of 7.6 per cent.
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India Ratings expects GDP to grow 6.5% next financial year, lower than gov
Updated : 2 years, 1 month ago IST
India Ratings and Research (Ind-Ra) expects the economy to grow at 6.5 per cent in the financial year 2024-25, 50 basis points lower than what was projected by the central government and the Reserve Bank of India (RBI) at its recent policy review.
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UAE: CBUAE maintains Base Rate at 5.40 per cent
Updated : 2 years, 3 months ago IST
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 per cent.
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RBI's regulatory move: S&P Global Ratings forecasts 60 basis points de
Updated : 2 years, 4 months ago IST
According to S&P Global Ratings, these actions include a substantial increase in risk weights on unsecured personal loans, credit cards, and loans to nonbank finance companies (NBFCs), aiming to curb riskier lending practices and bolster overall financial stability.
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IMF raises India's growth forecast second time citing strong consumption
Updated : 2 years, 5 months ago IST
According to the multilateral agency's latest World Economic Outlook report, released Tuesday, the growth is expected to grow by 6.3 per cent this fiscal year, 20 basis points (100 basis points is equal to 1 percentage point) higher than what it had estimated in its previous report.
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World Bank sees 5.8 pc growth in South Asia in 2023 fiscal
Updated : 2 years, 5 months ago IST
South Asia is expected to grow by 5.8 per cent in the financial year 2023, but slower than its pre-pandemic pace and not fast enough to meet its development goals, said the World Bank in its twice-a-year regional outlook released on Tuesday. The growth forecast for 2023 is 20 basis points hi
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