RBI proposes 'Islamic window' in conventional banks for gradually introducing Sharia banking
The Reserve Bank of India (RBI) has proposed opening of "Islamic window" in conventional banks for "gradual" introduction of Sharia-compliant or interest-free banking in the country.
Nov 20, 2016, 14:36 PM ISTRBI, govt exploring introduction of interest-free banking
Reserve Bank and the government are exploring introduction of interest-free banking, also known as Islamic Banking, to financially include sections of the society that remains excluded due to religious reasons.
Aug 30, 2016, 16:49 PM IST