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 - Valsad Fast Passenger halts of the train are: The train has standard ICF rakes with max speed of 110 kmph. The train consist of 10 coaches : Both trains are hauled by a Valsad Loco Shed based WAG-5P or Vadodara Loco Shed based WAP-4E electric locomotive from Mumbai to Valsad and vice versa. Mumbai Central - Valsad Fast Passenger The Mumbai Central - Valsad Fast Passenger is a passenger train belonging to Western Railway zone that runs between Mumbai Central and Valsad. It is currently being operated with 59023/59024 train numbers on daily basis. Flying Ranee and this Passenger are only Non-AC Double