Search For "basis points"
Deregulation will benefit real estate development, says Surendra Hirananda
Updated : 8 years, 7 months ago IST
New Delhi [India], August 2 (ANI): Chairman and MD of House of Hiranandani Surendra Hiranandani on Wednesday commented on the Reserve Bank of India's (RBI) rate cut of 25 basis points (bps) upholding that deregulation will lead to the success of government initiatives regarding real est
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RBI repo rate reduction appropriate for sustainable growth : DEA Secy
Updated : 8 years, 7 months ago IST
New Delhi [India], August 2 (ANI): The Secretary, Department of Economic Affairs (DEA) Subhash Chandra Garg on Wednesday asserted that the Government welcomes the rate cut of 25 basis points (bps) by the Reserve Bank of India (RBI).
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Sensex falls over 100 points amid RBI announcing rate cut by 25 bps
Updated : 8 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): After the Reserve Bank of India (RBI) on Wednesday announced reduction in the reverse repo rate by 25 basis points (bps), volatility gripped the benchmark indices as the Sensex dipped down 106.82 points at 32468.35, while the Nifty was down 38.5 points at 1007
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RBI cuts repo rate by 25 basis points to 6 percent
Updated : 8 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): The Reserve Bank of India (RBI) on Wednesday announced a reduction in the reverse repo rate by 25 basis points (bps) under the liquidity adjustment facility (LAF), bringing it down from 6.25 percent to six percent, effective immediately.
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ASSOCHAM urges RBI to slash interest rates due to low inflation
Updated : 8 years, 7 months ago IST
New Delhi [India], July 30 (ANI): Against the backdrop of a decline in factory output, with inflation at a five-year low, the ASSOCHAM on Sunday wrote to the Reserve Bank of India (RBI) Governor Urjit Patel, stressing on the need to cut at least 25 basis points in the policy interest rate, a
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25 bps repo rate cut likely in August 2017 policy review, says ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], July 25 (ANI): Credit rating agency ICRA has anticipated that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would reduce the repo rate by 25 basis points (bps) in the upcoming policy review in August 2017.
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ICICI Bank slashes home loan rates by upto 30 basis points
Updated : 8 years, 7 months ago IST
New Delhi [India], May 15 (ANI): Largest private sector bank ICICI Bank on Monday announced reduction in its interest rates by up to 30 basis points for home loans up to Rs. 30 lakh in its bid to boost affordable housing in the country.
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SBI reduces home loan interest rate by 25 basis points
Updated : 8 years, 7 months ago IST
New Delhi [India], May 8 (ANI): State Bank of India (SBI) on Monday announced a rate cut in the home loans category by 25 basis points to 8.35 percent per annum in line with Prime Minister Narendra Modi's initiative of 'Housing for All' by 2022.
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RBI may cut rates by 25 bps; all eyes on CPI target
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 8 (ANI): The Reserve Bank of India is expected to slash its key rates by 25 basis points in its Monetary Policy meet here today.
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DHFL reduces home loan lending rates by 50 BPS to 8.60 pct
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 5 (ANI): India's leading housing finance company DHFL has announced that it has reduced its home loan lending rates by 50 basis points from 9.10 percent to 8.60 percent effective January 04, 2017.
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After SBI, PNB and UBI cut base lending rate by up to 90 basis points
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 2 (ANI): A day after Prime Minister Narendra Modi asked banks to prioritize their lending towards the poor and middle class, the country's top PSU lenders such as the State Bank, PNB and Union Bank announced a rate cut in their benchmark lending rates by up to 90
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SBI cuts benchmark lending rate by 90 bps
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 1 (ANI): The State Bank of India (SBI) after experiencing a surge in deposits on Sunday announced a rate cut in lending rates by 90 basis points for maturities ranging from overnight to three-year tenure.
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