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
Institution Of Mechanical Engineers (India) Institution Of Mechanical Engineers (India) The Institution of Mechanical Engineers (India) is the Professional Body for Mechanical Engineers in India. Institution's Foundation Stone was Laid in the Year 1914. The Headquarters of the Institution is Located at HASMUKH Bhavan,Behind CIDCO Office,Near Hiranandani Park,Kharghar, Navi Mumbai - 410 210. Institution Conducts Bi Annual Examinations in Month of June(Summer) and December (Winter) Popularly Known as Chartered Engineers Examination (Degree Level Section A & B) & Technician Engineers Examination (Diploma Level) In Mechanical Engineering which are Recognized by Government of India,Ministry of Human Resource Development,Department of Higher Education. Late Sir C.V. Raman opined