Search For "basis points"
SBI hikes interest rates on fixed deposits by upto 10 basis points
Updated : 4 years, 2 months ago IST
Mumbai [India], January 15 (ANI): State Bank of India, the country's largest lender, on Saturday increased interest rates on fixed deposit (FD) by upto 10 basis points or 0.10 per cent.
Read More
Punjab National Bank reduces gold loan rates amid festive season
Updated : 4 years, 5 months ago IST
New Delhi [India], October 13 (ANI): Punjab National Bank (PNB) has slashed interests rates on loans against gold jewellery and Sovereign Gold Bond by 145 basis points as a part of a new range of deals and offers for its customers during the festive season.
Read More
Rising solar module prices may lower returns of projects by 200 bps: Crisi
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 26 (ANI): Rising module prices may diminish returns for 12 GW of bid out solar projects by 200 basis points and inflate tariffs of future bids by 10 to 15 paise per unit, according to Crisil Ratings.
Read More
Exports, ethanol boost to sweeten sugar mill margins: Crisil
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 9 (ANI): High exports for the second sugar season (October to September) in a row coupled with increased supplies of ethanol at remunerative prices for blending with petrol will improve operating profitability of integrated mills by 75 to 100 basis points t
Read More
With RBI keeping interest rates on hold, quantitative easing to unfold: Fi
Updated : 4 years, 11 months ago IST
Singapore, Apr 10 (ANI): Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to keep its policy repurchase (repo) rate on hold at 4 per cent over the course of FY22 (April 2021 to March 2022) from its prior view for a 25 basis points cut to 3.75 per cent.
Read More
Fiscal deficit to undershoot, may spur cancellation of final two G-sec auc
Updated : 5 years ago IST
New Delhi [India], March 5 (ANI): The yield for the 5.85 per cent government security (GS) 2030 has risen by more than 35 basis points since its introduction to 6.23 per cent intra-day as on Friday with an uptick in recent weeks led by higher-than-expected fiscal deficit, ratings agency ICRA
Read More
SBI reduces home loan interest rates to 6.7 pc
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 1 (ANI): State Bank of India (SBI) has sweetened its offers on home loans by reducing interest concession of up to 70 basis points with interest rates starting from 6.7 per cent.
Read More
Bajaj Finance Limited increases FD interest rates from February 1, 2021
Updated : 5 years, 1 month ago IST
Pune (Maharashtra) [India], February 2 (ANI/NewsVoir): Bajaj Finance Limited (BFL), the lending and investing arm of Bajaj Finserv, has increased fixed deposit (FD) rates by up to 40 basis points, for tenors of 36 to 60 months. These revised Bajaj Finance interest rates on deposits of less
Read More
More policy interest rate cuts to come: Fitch Solutions
Updated : 5 years, 3 months ago IST
Singapore, December 8 (ANI): Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 polic
Read More
Reasons to choose the Bajaj Finance FD over a Bank FD
Updated : 5 years, 4 months ago IST
Pune (Maharashtra) [India], November 24 (ANI/BusinessWire India): For those with a low risk appetite, the bank FD is usually looked on to be an ideal instrument. However, with the RBI bringing down the repo rate by 175 basis points in less than a year, FD interest rates with banks have dropp
Read More
FII holdings in Reliance Industries hits record high
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 22 (ANI): The Foreign Institutional Investors (FIIs) holding in Reliance Industries has reached a record high of 27.2 per cent by September-end, up 60 basis points from the preceding quarter, according to a JP Morgan's report.
Read More
SBI announces interest concession up to 25 bps, home loan EMIs to reduce
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 21 (ANI): Aiming to facilitate and encourage "home buyers to plan their dream house" this festive season, India's largest lender State Bank of India (SBI) on Wednesday announced a concession of as high as 25 basis points (bps) in home loan rates.
Read More