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
Dabang Mumbai Dabang Mumbai Dabang Mumbai (abbreviated as DBM) is a field hockey team based in Mumbai, Maharashtra that plays in the Hero Hockey India League (HIL). The aim is to build a team for the eight-time Olympic Champions, India be able to compete at the highest level of World Hockey. It is owned by DoIT Sports Management. Australia coach Jay Stacy serves as the head coach for the team. The team is owned by DoIT Sports Management (India) Pvt Ltd, which was incorporated as a part of DoIT Creations Group with the vision of promoting sports, athletes, sports facilities and events