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Economy & finance

Basis point

One hundredth of a percentage point (0.01%). Central banks and markets use it to describe small changes in interest rates: a rise of 25 basis points takes a rate from 5.25% to 5.50%.

In the news

In October 2026 the Reserve Bank of India raised its repo rate by 25 basis points to 5.50%.

Related termsRepo rateMonetary policy