Basis Points

  • SBI hikes lending rates, loans to get dearer May 10, 2011

    Mumbai: Country's largest lender SBI on Tuesday announced a hike in lending rates by 75 basis points (bps), making housing, auto and other loans dearer for both new and existing borrowers. Stateowned SBI has increased the base rate, or the minimum lending rate,...
  • No hike in home loan rates, banks not worried April 29, 2008

    New Delhi / Mumbai: The RBI in its credit policy has left repo rates and reverse repo rates unchanged. However, keeping inflation in mind, it has hiked CRR by 25 basis points to 8.25 per cent, making it the second hike in two weeks. The RBI says it is attempting to bring...