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
Mumbai Central railway station Mumbai Central railway station Mumbai Central is a major railway station on the Western line, situated in Mumbai, Maharashtra in an area known by the same name. Designed by British architect Claude Batley, it serves as a major stop for both local and inter-city/express trains with separate platforms for them . It is also a terminal for several long distance trains including the Mumbai Rajdhani Express. Trains depart from the station connecting various destinations mostly across states in the northern, western and north-western parts of India. The Bombay Baroda Central India Rail organization has extended its reach from Baroda to