Search For "basis points"
US Fed signals aggressive rate hike: how will it impact Indian economy?
Updated : 3 years, 6 months ago IST
New Delhi [India], September 22 (ANI): The Federal Reserve, the central bank of the United States, on Wednesday hiked policy interest rate by 75 basis points. This is the third straight increase in interest rate by the Federal Reserve since June and it has signalled more large increases in t
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Sensex slumps 337 points as US Fed hikes policy interest rates
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 22 (ANI): The Indian stock market's benchmark Sensex fell 337 points on Thursday after the US Federal Reserve hiked interest rate by 75 basis points and signaled that the borrowing costs would be increased further in the coming months.
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Sensex, Nifty slump as US Fed hikes policy interest rates
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 22 (ANI): The Indian stock market's key indices, Sensex and Nifty, fell sharply on Thursday after the US Federal Reserve hiked policy interest rate by 75 basis points and signaled that the borrowing costs would be increased further in the coming months
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US Fed again raises key interest rates in fight against inflation
Updated : 3 years, 6 months ago IST
Washington [US], September 22 (ANI): The US Federal Reserve has yet again raised key interest rates in its fight against red-hot inflation in the country. The key policy rate was raised by 75 basis points to 3.0-3.25 per cent -- which is the third consecutive hike of the same magnitude.
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Banks may see bad loans fall to a decadal low of 4% by March 2024: Crisil
Updated : 3 years, 6 months ago IST
New Delhi [India], September 21 (ANI) Gross non-performing assets (GNPAs) of banks are likely to decline by 90 basis points (bps) to 5 per cent this year and further improve to a decadal low of 4 per cent by March 31 next year, pushed by post-pandemic economic recovery and higher credit grow
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Morgan Stanley expects 50 bps repo rate hike in next RBI policy meet
Updated : 3 years, 6 months ago IST
New Delhi [India], September 19 (ANI): Faced with sticky inflation and a continued hawkish stance by various central banks, the Reserve Bank of India is likely to raise repo rates by another 50 basis points with an unchanged policy stance when it meets for the next monetary review, global in
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Office leasing in Pune recovering and inching towards 5.5 million sq feet
Updated : 3 years, 6 months ago IST
Pune (Maharashtra) [India], September 16 (ANI/PRNewsire): Grade A office absorption in Pune is expected to touch 5.5 million sq ft during 2022, a likely 53 per cent increase from last year when demand was marred by the lockdowns. Occupier confidence is back in the market, with demand backed
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Interest rate hike in next MPC seen in 35-50 basis points range: SBI Resea
Updated : 3 years, 6 months ago IST
New Delhi [India], September 13 (ANI): Faced with elevated retail inflation in August, the Reserve Bank of India is expected to raise interest rates in the range of 35-50 basis points in its next monetary policy committee meeting, said SBI Research.
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Milk price hike to improve profitability of organised dairies
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 23 (ANI): The recent hike in retail milk price by Rs 2 per litre will limit the slide in the profitability of the organised dairy sector to 50 basis points (bps) on-year this fiscal, despite a higher than anticipated rise in procurement prices, and transp
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LIC Housing Finance hikes lending rates by 50 basis points
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 22 (ANI): LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced 50 basis points increase in lending rates following the Reserve Bank of India's recent decision to hike policy repo rate.
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Bank of Baroda hikes lending rates by 5 to 20 basis points
Updated : 3 years, 7 months ago IST
New Delhi [India], August 10 (ANI): Bank of Baroda on Wednesday hiked lending rates across various tenures by 5 to 20 basis points.
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HDFC hikes lending rate by 25 bps, home loans to get costlier
Updated : 3 years, 7 months ago IST
New Delhi [India] August 9 (ANI): Housing finance company HDFC has increased its retail prime lending rate on housing loans by 25 basis points, it said in a regulatory filing to the exchanges late on Monday night.
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