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MONEY

 |  4-minute read
Raghuram Rajan, Muslim personal law, Reserve Bank of India, Islamic banking

Why RBI dropping Islamic banking proposal is politically motivated

This is another move by the central bank that reeks of bad economics.

MONEY

 |  4-minute read
Finance, RBI, Islamic banking

Islamic banking can be a success in India

But only if it is implemented in spirit as well as the letter of its principles.