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
The Institute of Science, Mumbai flat central dome of the Cowasji Jehangir Hall, manage to harmonize with the 19th century buildings surrounding it. Protected from the street by the many-arched facades are a botanical garden, herbarium and a park. The Institute of Science is awarded the status of "College with potential for Excellence" by the UGC in 2009 and awarded generous grants for infrastructure development. The Institute of Science, Mumbai The Institute of Science (formerly known as the Royal Institute of Science (RIS)) is an institution of postgraduate education and research located in Mumbai, India. It is managed by the Government of Maharashtra and is