All the five entities -- State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT), in addition to Bharatiya Mahila Bank (BMB) -- merged with SBI with from April 1.

Financially stressed Air India (AI) has proposed a voluntary retirement scheme (VRS) for its executive cadre employees to bring down manpower...

State-owned MTNL will offer voluntary retirement scheme (VRS) to about 20,000 employees, as part of its efforts to turn profitable.The telecom PSU has...