India and Nepal Explore Interbank Channel for Cross-Border Banking
Edited By WION Video Desk
Published: Feb 03, 2026, 14:36 IST | Updated: Feb 03, 2026, 14:36 IST
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India and Nepal are in discussions to establish a cross-border interbank channel, aiming to facilitate smoother transactions, trade, and financial cooperation between the two countries. Officials from New Delhi and Kathmandu are exploring ways to strengthen banking connectivity, payment systems, and bilateral economic ties. This move could boost trade efficiency, reduce transaction costs, and improve financial collaboration in South Asia.
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