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
The Institute of Science, Mumbai The Institute of Science, Mumbai The Institute of Science (formerly known as the Royal Institute of Science (RIS)) is an institution of postgraduate education and research located in Mumbai, India. It is managed by the Government of Maharashtra and is currently affiliated to the University of Mumbai. It is accredited with an 'A' Grade by the National Assessment and Accreditation Council (NAAC) in March 2014. Established in 1920, its research centers around all branches of science including Physics, Chemistry, Biology, Microbiology, Mathematics, Biochemistry, Bio-Technology and Environmental studies. In Maharashtra state and University of Mumbai, some programs like the Masters in