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  RBI not to pursue Islamic banking in India, reveals RTI query

  Business | Nov 12, 2017, 12:37 PM IST

  The RBI has decided not to pursue a proposal for introduction of Islamic banking in the country.

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  Islamic banking will bring investments worth trillions of dollars to India: ICIF

  Nov 30, 2016, 12:11 PM IST

  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