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 railway station Mumbai Central railway station Mumbai Central is a major railway station on the Western line, situated in Mumbai, Maharashtra in an area known by the same name. Designed by British architect Claude Batley, it serves as a major stop for both local and inter-city/express trains with separate platforms for them . It is also a terminal for several long distance trains including the Mumbai Rajdhani Express. Trains depart from the station connecting various destinations mostly across states in the northern, western and north-western parts of India. The Bombay Baroda Central India Rail organization has extended its reach from Baroda to