https://www.taxtmi.com/news?id=3028 The Reserve Bank of India has received proposals to introduce interest-free banking, but has stated that under the current statutory and regulatory framework it is not legally feasible for Indian banks to undertake Islamic banking activities in India or for branches of Indian banks to undertake Islamic banking outside India. en-us Tue, 27 Mar 2012 19:00:05 +0530 Tue, 27 Mar 2012 19:00:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3028 The Reserve Bank of India has received proposals to introduce interest-free banking, but has stated that under the current statutory and regulatory framework it is not legally feasible for Indian banks to undertake Islamic banking activities in India or for branches of Indian banks to undertake Islamic banking outside India. News - Tue, 27 Mar 2012 19:00:05 +0530 https://www.taxtmi.com/news?id=3028