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.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app