PSU banks receive overwhelming response from employees for VRS
The response to the VRS being floated by various public sector banks seems to indicate that there are plenty of avenues that bankmen are keen to tap, provided some capital security for the immediate future is forthcoming.

UFBU threatens indefinite strike if Centre passes privatisation bill
UFBU has threatened to go for an indefinite all-India bank strike in the eventuality of the Central government passing the bank privatisation bill in Parliament.

RBI unhappy with banks for poorreturns from settlement scheme
RBI is unhappy with the poor results that the compromise settlement scheme has yielded, a shortcut method detailed by the Union government to help banks recover NPAs.


  Syndicate Bank receives 6,500 VRS applications
  New India gears up to offer quality service
  MSEB ultimatum to Tata Power
  Market Round-up
  Productivity has to grow at a faster pace
  Vadodara has been able to link people with the govt
  Bangladesh to invest more in IT education
  VSNL increases bandwidth capacity
  State pegs Rs 420-cr monthly loss for MSEB after Dabhol-II
  Centre begins talks with Suzuki on Maruti selloff
  DoD draws up plan to cut govt stake in VSNL to 26%
  Now, Big B will make Crorepatis out of kids
  Executive briefing
  IRDA directs LIC to reclassify `rural business'
  Alternative payment method for power sector on the cards