Banking in India quite some time-especially in its services sector-the demand for banking services, especially retail banking, mortgages and investment services are expected to be strong. One may also expect M&As, takeovers, and asset sales. In March 2006, the Reserve Bank of India allowed Warburg Pincus to increase its stake in Kotak Mahindra Bank (a private sector bank) to 10%. This is the first time an investor has been allowed to hold more than 5% in a private sector bank since the RBI announced norms in 2005 that any stake exceeding 5% in the private sector banks would need to be vetted by
Mumbai Central–Ahmedabad Shatabdi Express Mumbai Central–Ahmedabad Shatabdi Express The Mumbai Central–Ahmedabad Shatabdi Express is a super fast express train of Shatabdi class belonging to Indian Railways that runs between Mumbai Central and Ahmedabad Junction in India. It is a 6 days a week service. Earlier it would operate excluding Fridays, later it was changed to exclude Sundays. It operates as train number 12009 from Mumbai Central to Ahmedabad Junction and as train number 12010 in the reverse direction. It is fastest train on the Mumbai – Ahmedabad Sector following train is the Mumbai-Ahmedabad Duronto Express which is 2nd fastest train in BCT-ADI sector.It used