The group's financial services play in Nepal comprises the entire gamut of activities including commercial banking, consumer banking, leasing, insurance, money remittance etc. The group is in negotiations with a major financial player in India to pick up a meaningful stake. It will be a branch of Nabil that we'll do here once we have entered the financial services sector," he said, adding the group is already in talks for picking up a stake in a major financial sector player in India. To be operational by March-April 2017, the food park is spread over 100 acre and will have 40 different agri- and food processing plants, including one for Wai Wai noodles in addition to warehousing and cold chain facilities for agro producers. We have been engaging... and our government is engaged with the Reserve Bank of India (RBI).

Source: dna August 03, 2016 01:18 UTC