Indian banks to open branches in Pakistan
By Our Economy Bureau | 25 Nov 2004
New Delhi: India and Pakistan have decided to set up banks in each other''s country on a reciprocal basis.
Disclosing this, the foreign secretary, Shyam Saran, told reporters that the central banks of the two countries would take the follow-up action to give concrete shape to the decision.
The decision was taken during a meeting of the prime minister Manmohan Singh with his visiting Pakistan counterpart, Shaukat Aziz, in New Delhi.
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