Banking in India 1959. These are now called its associate banks. In 1969 the Indian government nationalised 14 major private banks, one of the big bank was Bank of India. In 1980, 6 more private banks were nationalised. These nationalised banks are the majority of lenders in the Indian economy. They dominate the banking sector because of their large size and widespread networks. The Indian banking sector is broadly classified into scheduled and non-scheduled banks. The scheduled banks are those included under the 2nd Schedule of the Reserve Bank of India Act, 1934. The scheduled banks are further classified into: nationalised banks; State
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