‘Pakistan banks keen to open branches in India’

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As many as 4-5 Pakistani banks are interested in setting up branches in India and are waiting for some movement in this area between the two countries, Pakistan’s central bank has said.

“It is very unfortunate that there is no movement with regard to the business and banking side between two countries. Once the environment is more conducive, I am sure we both will have opportunity to learn together. There are a number of banks which are very interested to come and work in India,” State Bank of Pakistan Deputy Governor Saeed Ahmad said, while on a visit to India for an event.