Bank of India turns down VRS beneficiaries' plea to rejoin
BoI is faced with a strange situation. Days after they opted for the bank's VRS in large numbers, some of the bank's retiring staffers have now expressed a desire to rejoin.

Madras HC notice to RBI, BoM chief on merger issue
Madras High Court has issued notice to the RBI and the chief executive officer of BoM on a petition filed by BoM's Shareholders' Welfare Association for a direction to the RBI to appoint independent scrutinisers in the matter of amalgamation of BoM with ICICI Bank.

Andhra Bank mulls merger or takeover for expanding business
Andhra Bank is considering a takeover of or merger with another bank to expand its business. The Chairman and MD of the bank B Vasanthan said that bank is open to the growth through a merger or acquisition.


  HDFC Bank, MasterCard Int launch Maestro payment services
  ECGC, D&B launch website to support Indian exporters
  SIB third quarter net up by 93%
  Briefing
  Market Round-up
  No hike likely in passenger fares
  Dabhol-II equity may be recast
  Bhatnagar resigns
  UTI Bank net zooms 133% to Rs 23 crore
  ICICI Bank net rises 43% to Rs 40.5 crore
  Maneka Gandhi calls in the potters
  Tribunal refuses to pass order on Trai suggestions on WLL mobility
  Executive Briefing
  Facts, not fiction, about Pakistan's debacle in Bangladesh