RBI not to pursue Islamic banking in India, reveals RTI query
Business | November 12, 2017 12:37 ISTThe RBI has decided not to pursue a proposal for introduction of Islamic banking in the country.
The RBI has decided not to pursue a proposal for introduction of Islamic banking in the country.
The RBI's proposal to open up "Islamic window" in conventional banks for a gradual introduction of Sharia-compliant or interest-free banking in the country, will lead to trillions of dollars from Gulf nations getting invested in
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