It's not that the regulator doesn't want the banking industry to grow. The growth of the industry has always been in relation to the GDP (gross domestic product) growth.

My belief is India's banking industry will continue to grow at two and a half times the GDP growth rate.

The growth that we are targeting for our bank is in line with the banking industry.

International GDP (Gross Domestic Product) is expected to grow substantially more than U.S. GDP over the next few years.

We believe the new banks will complement the existing banking system, and there will be opportunities for players to identify mutually beneficial partnerships.

Growth in real gross domestic product amounted to 4.5 percent in 2004, and preliminary anecdotal evidence suggests that this performance may have been exceeded somewhat in 2005.