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JV banks can bring foreign capital to Nepal, says a top Central Bank official

Press Trust of India  |  Kathmandu 

are allowed to bring in capital as well as technology and human resources from abroad to Nepal, a top of the country's has said, as he marked the 25th anniversary of the establishment of a subsidiary organisation of the of in

Chintamani Siwakoti, the of Rastra said that there is no objection on the part of the if foreign capital is brought to the country for investment.

"The government is planning to open a for every citizen of the nation and we expect that the banks also play an active role to materialise that plan, Siwakoti said addressing a programme to mark 25th year of establishment of SBI Bank, a subsidiary organisation of the

of at in Kathmandu Ajay Kumar said that played an important role in further strengthening people-to- people ties between Nepal and India.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, July 08 2018. 14:00 IST