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
Mumbai Central - Indore Duronto Express take over until Ratlam Junction following which a Ratlam based WDM 2 or WDM 3A locomotive would take over. Western Railway completed DC Electric Conversion to AC on 5 February 2012 & with the electrification of the Indore - Ujjain sector, it is now regularly hauled by a Vadodara based WAP 4E or WAP 5 all the way from Mumbai Central to Indore Technical Stoppages: Vadodara Junction, Ratlam Junction, Ujjain Junction Mumbai Central - Indore Duronto Express The Indore Duronto Express is a superfast express train of the Indian Railways connecting Mumbai Central (MMCT) to Indore (INDB). It is currently