Tag: Shariah based banking
RBI rejects Raghuram Rajan’s proposal for Islamic Banking. Says NO to...
Clearing the air and ignoring the pressure of Gulf money, the Reserve Bank of India (RBI) has decided not to pursue a proposal for...
RBI says no permission given to Islamic Development Bank (IDB) to...
Rejecting a series of media reports, Reserve Bank of India (RBI) said that no permission was accorded to Saudi Arabia’s Islamic Development Bank (IDB)...
Why Shariah Bank now?
Islamic Banking based on Shariah laws is all set to enter India in a big way much to the apprehensions and reservations of a...
Why did Rajan approve SBI’s Shariah based Mutual fund?
Just around the time Raghuram Rajan became the Governor of Reserve Bank of India, a proposal for setting up of a Shariah based Islamic...
