Parliamentary panel advises caution on FI entry into retail segment
The standing committee on finance has expressed reservations about allowing "unbridled entry" of FIs into retail finance, instead it has favoured a gradual approach to universal banking.

Ex-bankers to offer financial advice to VRS takers through Netfinex
Here's something for bankers opting for the VRS: Netfinex.com is trying to rope in ex-bankers to act as financial advisors for those who cannot take care of their personal finances.

Sebi seeks CBDT, RBI help for tracking plantation companies
SEBI has sought assistance from the RBI and income tax authorities to improve regulation of plantation firms.


  Banks disburse Rs 2,834 cr to priority sector in Kerala
  Kapol Co-op Bank to open three branches in Mumbai on Dec 29
  Southern Rly seeks changes in volume discount scheme
  United Bank to open VRS on Jan 1, aims at 12% reduction in work force
  Citibank plans more centres in India
  HC seeks details on `nexus' between Sebi, FIIs
  Net trading gathers momentum, turnover up to Rs 1,341 cr in Nov
  Mid-day Multimedia to raise Rs 50 crore via IPO
  Sixth coal wage agreement signed
  Pesticide association demands total exemption on excise duty
  Economists see distorted picture of deflation in CPI-AL & RL for Nov
  Traders demand import duty increase on CPO
  Enron Oil to put Cambay on the block
  Finance ministry in favour of more powers to divestment dept
  Land Ceiling Act, high stamp duty hinder banks' loan recovery drive
  CII for an independent regulator for convergence
  Capital goods-consumer goods sector mismatch led to slowdown -- Study
  Reliance to pay 50% more for insurance cover
  New VRS guidelines upset bank unions
  Ailing Bengal PSUs find it tough to sell surplus land for survivary
  Executive briefing
  `De-linking' Haldia port from Calcutta creates a stir
  CII's growth ambition must be of sterner stuff
  `Air-India can be repositioned profitably as a global airline'
  Shiv Sena serves legal notice to BSES