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 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