BoP, Vysya Bank seek merger with IDBI Bank
BoP and Vysya Bank have approached IDBI with proposals seeking a merger with its subsidiary, IDBI Bank. This comes amongst rife speculation that Centurion Bank and IDBI Bank are in merger talks.

State Bank not decided on mode of booking VRS cost
SBI is yet to decide on whether to book the huge cost of its VRS in one year or amortise it over a period, a mode okayed by the RBI.

Citibank opens account for NRIs
Citibank on Friday launched its `Global Indian Account' for NRIs. The offering is a dollar- and rupee-checking account, and will enable NRIs to meet their financial requirements in India and overseas.


  Need for feel-good factor may lead to cut in Bank rate
  ...to spend Rs 700 cr for tech platform
  Nedungadi Bank to launch hi-tech products
  Allow capital outflows for all individuals, suggests former RBI deputy governor
  Globalisation is irreversible, says ICAR Chief
  No opposition to IOC plan to take over IPCL Baroda unit -- Baijal
  CGA asks govt to ensure transparency in autonomous bodies
  NSSO to survey farmers' competition preparedness
  Unit Trust of India announces foray into venture funds
  CAG for uniform accounting system for central organisations
  Bankers should factor in emotional needs of customers, says consultant
  Gross value added for 335 companies rises 14.2% during 1999-2000
  ...on the lookout for foreign partner
  UTI Global to be listed on Nasdaq or NYSE
  Trade show on amusement parks begins in Mumbai
  Balasubramaniam to take over as Vysya Bank CEO after one-and-a-half yrs
  RBI advice to banks over associations receiving contributions
  Hutchison Whampoa to seek fixed line licences in India
  Market Round-up
  Centre sets up panel to look into counter-guarantee issue
  ...even as MSEB makes Rs 10-crore payment
  Insurance firms gear up on quake relief; LIC settles claims
  Centre to deregulate ATF pricing
  Sinha mum over issue of fresh taxes
  US Exim approves first rupee denominated facility to IDBI
  Fashion TV director to come to India -- Sushma Swaraj
  Pvt banks take Net-banking act to higher gear
  India has the potential to lead the genomics rally
  The population bomb is diffused, say two recent studies
  FII inflows cross Rs 5,000 cr on US slowdown, Fed rate cut
  FIs frame new norms for debt revamp of steel firms
  Duncan Goenka to get tough on group companies
  Phone bidders still enthusiastic
  Rs 4,000-cr rise in value of govt stake
  Fernandes to inaugurate Aero-India 2001 on Feb 7
  Web security firm faces e-attack
  Internal auditors need to wear many hats
  Executive Briefing