Search For "basis points"
SBI hikes lending rates by 10 basis points
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): The country's largest lender State Bank of India has decided to increase its marginal cost of lending rate (MCLR) on loans by 10 basis points or 0.10 per cent effective from July 15, 2022.
Read More
Bank of Baroda hikes lending rates by upto 15 basis points
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Bank of Baroda said on Monday it has decided to hike the Marginal Cost of Funds Based Lending Rate (MCLR) by upto 0.15 per cent or 15 basis points with effect from 12th July.
Read More
Low exports, rising cost to hurt profitability of home textile firms, says
Updated : 3 years, 9 months ago IST
New Delhi [India], June 29 (ANI) Operating profitability of home textile makers is seen moderating 150-200 basis points (or 1.5-2.0 percentage points) to 13 per cent during this financial year 2022-23, weighed down by lower export demand and a sharp increase in raw material and transportatio
Read More
RBI hiked rates to prevent inflation from corroding economic recovery, MPC
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on
Read More
LIC Housing Finance raises lending rates by 60 basis points
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 20 (ANI): LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced an increase in lending rate by 60 basis points or 0.60 per cent which will lead to a jump in EMIs of the company's customers.
Read More
Sensex, Nifty slump 2 per cent on global recession fears
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 16 (ANI): The Indian stock markets' key indices, Sensex and Nifty, slumped by around 2 per cent on Thursday tracking weakness in the global peers after the US Federal Reserve raised policy rates by 75 basis points, the highest increase since 1994, in order
Read More
Sensex, Nifty volatile as US Fed raises interest rates to control 40-year
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 16 (ANI): The Indian stock markets' key indices, Sensex and Nifty, witnessed volatile trading on Thursday tracking weakness in the global peers after the US Federal Reserve raised policy rates by 75 basis points, the highest increase since 1994, in order to
Read More
US Federal Reserve hikes interest rates by 75 basis points
Updated : 3 years, 9 months ago IST
Washington [US], June 16 (ANI): The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994.
Read More
Rs 18 lakh crore NBFC debt set to become dearer by 85-105 bps this fiscal
Updated : 3 years, 9 months ago IST
New Delhi [India], June 14 (ANI): Borrowing costs for non-banking financial companies (NBFC) are expected to become costlier by 85-105 basis points in the current financial year due to an increase in policy rates by the Reserve Bank of India (RBI), CRISIL Ratings said in a report released on
Read More
Bajaj Finance Fixed Deposit Interest Rate rise up to 20 bps, now earn up t
Updated : 3 years, 9 months ago IST
Pune (Maharashtra) [India], June 14 (ANI/NewsVoir): Once again, Bajaj Finance offers good news for all investors. Interest rates on Fixed Deposits have been hiked by up to 20 basis points, allowing all investors to receive higher profits.
Read More
Sensex extends losing run to 4th day as RBI hikes policy repo rate
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Indian stock markets' key indices, Sensex and Nifty, closed in the red for the fourth straight day on Wednesday as the Reserve Bank of India (RBI) hiked policy repo rate by 50 basis points to tame inflation.
Read More
Sensex rises 153 points after RBI retains GDP growth forecast at 7.2 per c
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Indian stock markets' key indices, Sensex and Nifty, turned positive after the Reserve Bank of India (RBI) retained the GDP growth forecast for the current fiscal at 7.2 per cent and hiked policy repo rate by 50 basis points to tame inflation.
Read More