March 18, 2020

What is Basis Points

What is Basis Points:- Basis point is the increase in interest rates in percentage terms. For Example- if the interest rate increase by 25 basis points, then it means that interest rate has been increase by 0.25%. One percentage point is broken down into 100 basis points. Therefore, an increase from 1% to 2% is an increase of one percentage point or 100 basis points.

No comments:

Post a Comment

Bank Po/Clerk Practice Link OR Resources ( Top resources)

(1) TestZone( , www. AspirantsZone . (2)Www. AffairscloudZone .  (3)www. bankersaddazone .  (4)www. testbookzone .  (5)www. ...