Banking in India and regulations of the Reserve Bank of India, banks in India except the State Bank of India (SBI), remain owned and operated by private persons. By the 1960s, the Indian banking industry had become an important tool to facilitate the development of the Indian economy. At the same time, it had emerged as a large employer, and a debate had ensued about the nationalisation of the banking industry. Indira Gandhi, the then Prime Minister of India, expressed the intention of the Government of India in the annual conference of the All India Congress Meeting in a paper entitled ""Stray thoughts
Central line (Mumbai Suburban Railway) Central line (Mumbai Suburban Railway) The Central line of the Mumbai Suburban Railway is a public transit system serving Mumbai, Maharashtra, India. It consists of 24 stations from Chhatrapati Shivaji Maharaj Terminus (C.S.M.T.) to Kalyan Junction. The entire line is at grade. It has section of quadruple track starting from Chhatrapati Shivaji Terminus and ends at Kasara, Roha, Lonavala and Khopoli junctions in Maharashtra The Central line in Mumbai consists of three major corridors, which bifurcate as they run into suburban satellite towns. Two corridors (one local and other through) on Central Railway run from CST to Kalyan Junction (55