Don’t miss the latest developments in business and finance.

Pakistan, India to open bank branches soon to boost trade and commerce

Image
ANI Karachi
Last Updated : Feb 07 2014 | 11:10 AM IST

Pakistan and India are soon going to open bank branches in their respective countries.

The comment was made by Indian High Commissioner to Pakistan T C A Raghavan while speaking to the business community at the head office of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).

Raghavan added that India and Pakistan would sign an agreement next month to open bank branches in Mumbai and Karachi.

He said that the much-awaited banking links would give a boost to trade and commerce, the Express Tribune reports.

According to the report, he added that India wanted to provide all possible support to the business community of Pakistan to help the two countries increase bilateral trade.

More From This Section

First Published: Feb 07 2014 | 10:59 AM IST

Next Story