Islamic banking not possible in India: Reserve Bank Of India
Source: http://www.firstpost.com/economy/in-absence-of-seperate-law-islamic-banking-not-possible-rbi-532683.html Reserve Bank of India Governor D Subbarao on Thursday ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. “Islamic banking is not possible”, he said, adding the central bank could […]