Search For "basis points"
RBI alleviating liquidity stress to offset COVID-19 impact on economy
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) has cut the repo rate by 250 basis points since February 2019 to alleviate liquidity stress and provide financial stability in the economy, said Governor Shaktikanta Das on Saturday.
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HDFC reduces prime lending rate by 20 bps to boost loan offtakes
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): Housing Development Finance Corporation (HDFC) on Friday reduced its retail prime lending rate on housing and non-housing loans by 20 basis points.
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FII ownership in Nifty-500 at five-year low: Motilal Oswal
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Foreign institutional investor (FII) holdings in the Nifty-500 hit a five-year low in the fourth quarter ended March, declining 140 basis points quarter-on-quarter and 80 basis points year-on-year to 21 per cent.
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Equity indices in red after RBI rate cut, banking stocks down as loan mora
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices closed lower on Friday due to underperformance by banking and financial stocks as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points to inject liquidity and extended the l
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Equity indices tumble by 1 pc on RBI rate cut, banking stocks suffer as mo
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices fell by 1 per cent during the afternoon on Friday as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points and extended the loan repayment moratorium for another three months
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RBI slashes repo rate by 40 bps, extends loan moratorium by 3 months
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up to August 31.
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RBI cuts repo rate by 40 bps to 4 pc to increase credit flow
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.
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HDFC Life reports individual WRP growth of 19 pc in FY20
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 27 (ANI): HDFC Life Insurance said on Monday its individual weighted received premium (WRP) grew by 19 per cent leading to an expansion of market share by 170 basis points to 14.2 per cent in the financial year ended March 31.
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RBI slashes reverse repo rate by 25 bps to inject liquidity, no change in
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has
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RBI reduces reverse repo rate by 25 basis points from 4 pc to 3.75 pc
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) today reduced the reverse repo rate by 25 basis points from four per cent to 3.75 per cent in a bid to inject liquidity in financial markets. However, the repo rate remains unchanged.
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Grow your savings by investing a portion of your salary in an FD
Updated : 5 years, 12 months ago IST
Pune (Maharashtra) [India], Mar 31 (ANI/ BusinessWire India): Budgeting and saving a portion of your salary every month helps you build a corpus over time, which you can later utilise to meet your goals. However, the rate of interest offered on a savings account is hardly enough to combat in
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Start the new financial year on the right foot: invest in an FD
Updated : 5 years, 12 months ago IST
Pune (Maharashtra) [India], Mar 28 (ANI/ BusinessWire India): With the new financial year on the horizon, the time is right for a re-assessment of your risk profile, given the volatility in the market today and the condition of the Indian economy. The Reserve Bank of India (RBI) announced on
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