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Trillions of Dollars From Gulf To Enter India Through Islamic Banking: ICIF

Trillions of Dollars From Gulf To Enter India Through Islamic Banking: ICIF
Mumbai: The RBI's proposal to open up "Islamic window" in conventional banks will lead to trillions of dollars from Gulf nations getting invested in India, said an organisation pushing for Islamic financial banking. Indian Centre for Islamic Finance (ICIF) said if the RBI proposal becomes a reality, huge investments from countries like the UAE, Qatar and Bahrain will flow into India. "There are various sovereign funds in Gulf count...
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