Search For "basis points"
Sensex dips by 130 points despite RBI rate cut, fears of global recession
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices dithered in volatile trade on Friday as the Reserve Bank of India (RBI) reduced key repo rate by 75 basis points in line with central banks around the world to limit the economic slowdown amid rising coronavirus (COVID-19).
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Equity indices dip despite RBI rate cut, fears of global recession loom ov
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices trimmed morning gains and slipped into the red on Friday afternoon even as the Reserve Bank of India (RBI) reduced the key repo rate by 75 basis points in line with central banks around the world to help combat the economic
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India Inc applauds robust liquidity infusion steps by RBI
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 27 (ANI): Industry bodies and market experts on Friday complimented the Reserve Bank of India (RBI) on the decision to reduce repo rate by 75 basis points and introduce a host of other measures to boost liquidity the financial system on account of COVID-19 outbreak and
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RBI reduces repo rate by 75 basis points to battle COVID-19 impact
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
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SBI reduces MCLR by 10 to 15 basis points across all tenors
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 11 (ANI): The country's largest lender State Bank of India (SBI) on Wednesday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 to 15 basis points across all tenors.
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US Federal Reserve cuts rates by 50 basis points amid coronavirus concerns
Updated : 6 years ago IST
Washington D.C. [USA], Mar 4 (ANI): The US Federal Reserve on Tuesday (local time) lowered the interest rates by half a percentage point as coronavirus poses "evolving risks" to economic activity in the country.
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Residential real estate on the path to recovery
Updated : 6 years, 2 months ago IST
New Delhi [India] Dec 31 (ANI/NewsVoir): With State Bank of India, the country's largest lender, reducing interest rates on home loans by 25 basis points to 7.9 per cent and other lenders likely to follow suit, the year 2020 seems to have begun on a promising note for developers, particularl
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HPL Electric Q2 EBITDA rises by 5 pc due to healthy growth in meters and l
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 15 (ANI): HPL Electric and Power Ltd said on Friday its earnings before interest, tax, depreciation and amortisation (EBITDA) margins during the second fiscal quarter expanded by 123 basis points to 12.9 per cent driven by increased revenue contribution from higher-mar
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Federal Reserve cuts US' benchmark interest rate to 1.50 pc - 1.75 pc
Updated : 6 years, 4 months ago IST
Washington DC [USA], Oct 31 (Sputnik/ANI): The United States' benchmark interest rate has been cut by 25 basis points to a range of 1.50 per cent to 1.75 per cent, the Federal Reserve said on Wednesday.
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IOB reduces lending rates for retail segment from Nov 1
Updated : 6 years, 5 months ago IST
Chennai (Tamil Nadu) [India], Oct 10 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday announced a reduction in its interest rate for the retail segment (housing, vehicle, education and clean loans) as well as micro and small enterprises by 25 basis points.
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Strengthen your investment portfolio by investing in Bajaj Finance Fixed D
Updated : 6 years, 5 months ago IST
Pune (Maharashtra) [India] Oct 09 (ANI/BusinessWire India): The Reserve Bank of India reduced the repo rate by another 25 basis points on October 4, bringing it to 5.15 per cent - it's lowest in nine years.
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Sensex turns red after RBI lowers GDP forecast to 6.1 pc
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices reversed early morning trends and turned red on Friday afternoon after the Reserve Bank of India cut repo rate by 25 basis points to 5.15 per cent but also lowered its GDP growth forecast for the current financial year to 6.
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