Search For "basis points"
Jefferies expects 25 basis points repo rate cut by RBI this year
Updated : 1 year, 6 months ago IST
The Reserve Bank of India (RBI) is likely to cut the repo rate by 25 basis points this year, and cumulatively by 1 percentage point as part of its departure from steady monetary policy, said investment banking company Jefferies in a report.
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RBI may go for a rate cut in Feb 2025 as inflation is still above 4 pc: SB
Updated : 1 year, 6 months ago IST
In light of the recent 50 basis points (bps) rate cut by the US Federal Reserve, the Reserve Bank of India (RBI) may consider a similar move, potentially announcing a rate cut by February 2025, according to a report by SBI Research.
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Fed rate cut will facilitate fund flows to India and emerging markets: Exp
Updated : 1 year, 6 months ago IST
The US Federal Reserve's move to cut the rate by 50 basis points will facilitate flows to emerging markets. Experts say a weaker dollar and lower rates are favourable for India and emerging economies.
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Sensex, and Nifty soar to fresh record highs after US Fed cuts interest ra
Updated : 1 year, 6 months ago IST
The Indian stock market on Thursday reacted with a strong positive sentiment to the US Federal decision that reduced interest rate to 50 basis points, marking the first decrease since 2020.
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US Fed cuts interest rate by 50 basis points after keeping it steady over
Updated : 1 year, 6 months ago IST
Faced with high inflation during the COVID-19 pandemic, the US monetary policy committee raised the policy rate by 425 basis points in 2022 and another 100 basis points in 2023 as part of its commitment to restoring price stability.
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UOB makes strong return to GBP covered bond market with GBP750m 3-year iss
Updated : 1 year, 6 months ago IST
Singapore, September 6: UOB has priced GBP750 million in three-year covered bond due 2027. The covered bond was priced on Thursday (5 Sep) at the Sterling Overnight Index Average (SONIA) Rate plus 53 basis points. This is the largest orderbook for UOB in GBP covered bonds.
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Cost of equity in India is stable, reflecting maturity and resilience: EY
Updated : 1 year, 8 months ago IST
The average cost of equity in India is 14.2 per cent, up 40 basis points since 2021, indicating strong resilience, according to a survey by EY. It also noted that the equity market risk premium has steadily shrunk over the past surveys.
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SBI raises lending rates by 5 to 10 bps, new loans to cost more
Updated : 1 year, 8 months ago IST
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based Lending Rate (MCLR) by 5-10 basis points for most tenors.
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Jute makers expected to see margins drop for second straight year
Updated : 1 year, 8 months ago IST
Operating margins of jute manufacturers are expected to shrink 50 basis points (100 basis point is equated to 1 percentage point) this financial year 2024-25, according to rating agency Crisil.
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HDFC Life sees 100 bps hit on margins from higher surrender value
Updated : 1 year, 9 months ago IST
HDFC Life Insurance Company Limited anticipates an impact of approximately 100 basis points (on a gross basis) on the company's New Business Margin (NBM) after the insurance regulator IRDAI recently maintained surrender value on early exits by policyholders.
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World Bank raises GDP projection, says India to keep its fastest-growing e
Updated : 1 year, 9 months ago IST
The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024-25 by 20 basis points to 6.6 per cent from its earlier projection of 6.4 per cent made in January.
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European Central Bank cuts key interest rates, first since 2019
Updated : 1 year, 9 months ago IST
The European Central Bank (ECB) cut the key interest rates for the first time in five years on Thursday. It reduced three key policy rates by 25 basis points (100 basis points is equal to 1 percentage point).
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