Kredxionary Basis Point

#Kredxionary – Basis Point

Basis Point – A basis point is one one-hundredth of a percentage point. Any changes in the interest rate, exchange rate and bond yields are often described in terms of basis points. Eg: If the interest rate moves from 3.15% to 3.35%, it has risen by 20 basis points.

The 2018 Union Budget and the Investor Class -KredX

The 2018 Union Budget and the Investor Class

The 2018 budget lays out a comprehensive action plan for the government’s financial blueprint. Here are they key points you need to be aware as an investor operating out of this country. Key Highlights of the 2018 Budget The government will contribute 12 percent of wages as EPF (Employees’ Provident Fund) in all sectors for…