It is associate degree form for basis point and is employed to indicate changes in rate of interest and other financial instruments. one basis point is capable 0.01%. thus when we say that repo rate has been enhanced by twenty five bps, it means that the speed has been enhanced by 0.25%.
BPS
It is associate degree form for basis point and is employed to indicate changes in rate of interest and other financial instruments. one basis point is capable 0.01%. thus when we say that repo rate has been enhanced by twenty five bps, it means that the speed has been enhanced by 0.25%.
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