Search For "basis points"
Centre cuts interest on GPF by 10 bps to 7.9 pc
Updated : 6 years, 8 months ago IST
New Delhi [India], July 16 (ANI): The interest rate on the general provident fund (GPF) has been cut by 10 basis points (bps) to 7.9 per cent from 8 per cent with effect from July 1, the Finance Ministry said on Tuesday.
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Syndicate Bank cuts MCLR across tenors by 5 basis points
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 13 (ANI): Government-owned Syndicate Bank has reduced its marginal cost of funds-based lending rate (MCLR) by 5 basis points for various tenors effective July 15.
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Earn high returns on Bajaj Finance Fixed Deposit in a Low Repo Rate Regime
Updated : 6 years, 9 months ago IST
Pune (Maharashtra) [India] June 6(ANI/BusinessWire India): In yet another surprise move, the RBI has cut repo rate by 25 basis points to 5.75 per cent from 6 per cent.
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RBI could have done more to overcome liquidity challenges, say experts
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): Industry leaders said on Thursday that while Reserve Bank of India's decision to cut repo rate by 25 basis points rate cut was on expected lines, concerns over economic growth and liquidity challenges continue to linger.
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Stocks plunge despite RBI rate cut, financials under pressure
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): Equity benchmark indices were dragged down by financial stocks in afternoon trade on Thursday even though the Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 5.75 per cent in its second bi-monthly monetary policy meet of fiscal
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RBI cuts repo rate by 25 basis points to 5.75 pc, shifts policy stance to
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.
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RBI cuts repo rate by 25 basis points to 5.75 pc
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.
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Crisil foresees CPI rising 60 bps this fiscal to 4 pc
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 13 (ANI): Global analytical company Crisil said on Monday that its research expects headline inflation, measured by the consumer price index (CPI) to rise 60 basis points (bps) to 4 per cent this fiscal from 3.4 per cent in fiscal 2019.
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Indian Overseas Bank reduces interest rate on loans by 5 bps
Updated : 6 years, 11 months ago IST
Chennai (Tamil Nadu) [India], Apr 9 (ANI): Taking a cue from recent policy measures announced by Reserve Bank of India (RBI), Indian Overseas Bank reduced its interest rate on loans by 5 basis points for periods of one year and above.
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Sensex closes 178 points higher at 38,862, Nifty at 11,666
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 5 (ANI): Equity benchmark indices closed higher on Friday as investors followed positive global cues a day after the Reserve Bank of India (RBI) cut key policy rate by an expected 25 basis points.
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RBI's repo rate cut largely in consonance with market expectations: SBI Ch
Updated : 6 years, 11 months ago IST
New Delhi [India], Apr 4 (ANI): State Bank of India Chairman Rajnish Kumar on Thursday hailed the RBI monetary policy announced earlier in the day, saying that the decision to cut repo rate by 25 basis points (bps) was largely in consonance with the market.
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Markets slide as technology, banking stocks taking a beating
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): Equity benchmark indices retreated further on Thursday with banking and tech stocks witnessing correction after the Reserve Bank of India cut repo rate by 25 basis points in a bid to stimulate private investments and economic growth.
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