Mumbai was lashed by torrential rains on 26–27 July 2005, during which the city was brought to a complete standstill.
A project costing approximately 600 crore rupees was proposed by UK based consultants hired by the Brihanmumbai Municipal Corporation to study the matter.
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ATM networks of several banks, which included the State Bank of India, the nation's largest national bank; ICICI Bank, HDFC Bank, and several foreign banks like Citibank and HSBC, stopped functioning from the afternoon of 26 July 2005 at all the centers of Mumbai.
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