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RBI has permitted opening of Islamic finance windows in commercial banks of India. This indicates that Islamic banking and finance may shortly find ground in India on a large scale. Moreover, Islamic Development Bank through its subsidiary – ICD proposes to start a venture in Gujarat for which an MOU has already been signed. Please click on the links mentioned below for the newspaper reports.

The Hindu | Deccan Chronicle | Indian Express

Crash Course

This is a specially designed taught (tutored) program for foreign students residing in Hyderabad on valid student visas pursuing any Under graduate or Post graduate courses from any University in India. Non Resident Indians (NRIs) on vacation in India can also register for this course. The course will be conducted on weekends/mid-week sessions for 3-4 weeks at Hyderabad. Regular assessment tests will be conducted and on successful completion of the program Diploma will be issued. Candidates will have to register well in advance for the program in view of the limited intake. For details of next schedule, probable dates of program, fees structures etc.

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