Banking in India 1959. These are now called its associate banks. In 1969 the Indian government nationalised 14 major private banks, one of the big bank was Bank of India. In 1980, 6 more private banks were nationalised. These nationalised banks are the majority of lenders in the Indian economy. They dominate the banking sector because of their large size and widespread networks. The Indian banking sector is broadly classified into scheduled and non-scheduled banks. The scheduled banks are those included under the 2nd Schedule of the Reserve Bank of India Act, 1934. The scheduled banks are further classified into: nationalised banks; State
Mumbai Magicians Mumbai Magicians Mumbai Magicians (abbreviated as MM) was a field hockey team based in Mumbai, Maharashtra that played in the Hockey India League from 2012 to 2014. It was owned by Dabur India Ltd. Australian coach Ric Charlesworth served as the head coach for the team. The team was owned by the Burman family, promoters of fast-moving consumer goods (FMCG) major Dabur India Ltd. The Burman family is the promoter of one of the largest and the oldest Indian consumer products company, Dabur India Ltd. The family also has interests in Life Insurance, General Insurance, Banking firms, Healthcare, besides Private