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
The Sunday Guardian The Sunday Guardian The Sunday Guardian is an independent Sunday newspaper, founded by journalist M. J. Akbar, and currently owned by iTV Network. It was launched on 31 January 2010 from New Delhi and is printed in New Delhi, Mumbai and Chandigarh. The 40-page newspaper is divided into two sections of 20 pages each: "The Sunday Guardian" and "Guardian 20". Together, they offer a mix of news, investigation, opinion, entertainment, lifestyle and issues of human interest. The newspaper is now a part of iTV Network, which also runs the India News and NewsX channels. It was the first to report