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BoE tells banks to get ready for negative ratesThe move raises the threat that the central bank will push borrowing costs below zero, turning the lending business on its head by charging depositors to store cash while giving money back to borrowers.
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- Smart money budgets for big businesses playing catch upWhile SBI is potentially headed for lifetime-high levels in the near term, traders are also eyeing other stocks that have underperformed in the 95%-plus record setting rally in the stock market since March last year.
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- High & higher: M-cap of BSE cos tops Rs 200 lakh crAfter logging an all-time high of 50,687.51, the BSE Sensex ended up 358.54 points, or 0.7 per cent, to close at 50,614.29. The Nifty ended up 105.70 points, or 0.7 per cent, at 14,895.65 after touching an all-time high of 14… Read More
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