Latest News on Islamic banking
Showing of 0 - 10 from 19 results
Islamic banking - Total results - 19
Nov 26, 2017
Union minister Mukhtar Abbas Naqvi says Centre won't introduce Islamic banking 'as India is a secular country'India has a wide network of banks to meet the needs of people and hence govt has no intention to introduce Islamic banking, Mukhtar Abbas Naqvi said.
Nov 13, 2017
Islamic banking: RBI spikes Raghuram Rajan's proposal as equal bank access available for all citizensIn late 2008, a committee on Financial Sector Reforms, headed by former RBI governor Raghuram Rajan, had stressed on the need for a closer look at the issue of interest-free banking in the country.
Nov 12, 2017
RBI won't pursue proposal for Islamic banking in India, says ' wider, equal opportunities' available to all citizensIn a major move, the Reserve Bank of India (RBI) has decided not to pursue a proposal for introduction of Islamic banking in the country.
Nov 12, 2017
Reserve Bank of India says it won't pursue proposal for introduction of Islamic banking in the countryIn a major move, the Reserve Bank of India (RBI) has decided not to pursue a proposal for introduction of Islamic banking in the country.
Nov 28, 2016
Islamic Banking: India has potential to become world leader in this systemRather than stigmatising it with a religious label, India should look at how it could gain from the inclusiveness of Islamic Banking
Nov 26, 2016
Why RBI's move to implement Islamic banking is exhaustive and thoroughly matureInterest-free banking which is based on a participatory model should be allowed to function in India so that people have the option to enter into commercial transactions which are participatory in nature.
Nov 24, 2016
RBI's idea to bring Sharia Banking into the fray is deeply flawedIt is with astonishment that I read the announcement by the Reserve Bank of India (RBI) last week wherein it proposed the opening of an "Islamic window" in conventional banks for "gradual" introduction of Sharia-compliant Islamic banking in the country
Oct 11, 2016
Jammu & Kashmir Bank keen on Islamic banking; may formally approach RBI, says new chiefIslamic scholars and a section of people in the banking industryfeel in the Muslim majority state of Jammu and Kashmir people will naturally opt for Islamic banking
Jun 19, 2015
Infosys wins three deals abroadThe software major will deliver bespoke epayment offerings and better experience to HPB customers.
Jul 21, 2014
Easy money or security risk: Why India needs to re-evaluate Islamic bankingThose against it argue that allowing Islamic banking could encourage some of the fundamentalist elements in West Asia to find ways to use Islamic banks to funnel cash for unlawful activities.