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  • Category: Miscellaneous

    National Bank of Pakistan wants to open a branch in India: Should we allow or not ?

    National Bank of Pakistan wants to open a branch in India: Should we allow or not ? On the one hand the recent twin blasts which rocked Hyderabad is still pointing out fingers of suspicion of involvement of Pakistan operated terror outfits, on the other hand that Country wants to make friendship with India by opening up cricket diplomacy and now they want to set up the prestigious National Bank of Pakistan branch either in Mumbai or Delhi. The NBP has approached RBI to accord permissions in this regard. Now I call upon the members to share their views whether India should accord permission to Pakistan for setting up of this bank here ?
  • #401635
    I think it will increase the terrorism and also Indians money will be used against Indian by this.
    Thanks
    Regards
    Amit Goyal

  • #401636
    Thanks Amit for registering your first no for that bank and your observation is quite right.
    K Mohan
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease

  • #401643
    I don't think India should allow any Pakistani bank to open a branch in India. First, Pakistan needs to get rid of all the terrorist base camps and groups in their own country and then come to us for any help. We can't let them open a bank in India and fund their terrorist activities. We should take a strong stand and force them to do things our way.
    Thanks & Best Regards,
    Bhaktee

  • #401644
    Mohan sir,
    Pakistani Currency is lower then that of Indian rupees so it is not fruitful for Indian economy to have a branch of national bank of Pakistan. Indian government allowed Citi bank, bank of America, HSBC (Hong Kong Shangai Bank Corporation) etc because they are big international banks with huge coverage areas and leaders in Forex transactions in multiple currencies like Euro, Dollar etc. Hence, on economic point of view letting national bank of Pakistan to open branch in India which do not have good record of Forex transactions is wastage of time, land and efficient man power. Reserve bank of India is more interested to have currencies like dollars, pound, euro etc Pakistani Rupee is 1.5 times lower than that of India Rupee and we do not require it. I will be more interested to see Bank of Singapore or National bank of Philippines opening any branch in India which will be fruitful for NRI's living in east Asian countries.

    ----------------------------------------------------------------------------------------
    Sometimes you win, sometimes you loose. It's all part of those glorious 90 mins.
    Just live your dream, respect and say to no to racism.

  • #401651
    Until unless Pakistan improves to maintain a cordial relationship with India without any problem to our security and people, we should not permit any bank of Pakistan to function in India. We will have more problem if we open the gates for Pakistan banks to operate in India. I say a very very big NO to NBP.
    No life without Sun ¤

  • #401655
    National bank of Pakistan wants to open branch in India. It is not possible, India never allow to open branch. Because whenever India trust on him as a brother, pakistan bite india like a snake of terrorism. You can see Haidrabad blast as a current bite of black snake pakistan so india newer allow him.

  • #401686
    The public opinion against Pakistan is quite visible here. India cannot accord permission in this regard.
    K Mohan
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease

  • #401695
    That cannot be a decision which should be taken in haste. There were a few banks with Pakistan connections and our experience with them was not good. While there is suspicion that Pakistan funds unwelcome activities against India, giving a direct banking route can only pave way for further damages. Our country's experience shows that even with concrete proofs sufficient for any other country to understand the matter Pakistan deliberately shuts its eyes. Hence in the event of some deliberate mischief carried out, Pakistan will never behave responsibly.

    Banking is a matter to be tread on very cautiously.

  • #401696
    How come no one is having confidence on Pakistan Bank which wants to set up its shop in Mumbai ?
    K Mohan
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease

  • #401796
    I am against of this policy to allow Pakistan's Bank to open a branch in India, because we know very well that Pakistan is not reliable country and also not safe for any business transaction.
    Pakistan always support terrorism against India and funding terrorist to make blast in India, if Indian government allow to open branch for Pakistan then it will be indirectly help to those terrorist organization to make more blast in India.
    I don't know why India is bearing Pakistan while Pak has no stable economy and his economy is depended on America funding.
    India should ban Pakistan to make any business activities in Indian territory.

  • #401843
    Strongly condemn.

    Don't allow them to start banking business here. Terrorists will easily move their money using these banks. Don't trust on such country. We should not start such new business with a country which is not trusted. Those guys to legally get all fake money into system and finance terrorists in our country.

    Thanks.
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    Every once in a while, declare peace. It confuses the hell out of your enemies.

  • #401886
    I think members of this site so far strongly protested against the RBI move to grant permission for NBP to establish its branch in either Mumbai or Delhi..
    K Mohan
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease

  • #402446
    There are few benefits and maximum disadvantages to allow National Bank of Pakistan do business in India. Lets see what happen?
    With Best Regards,
    Vilas

  • #402448
    How can Pakistan think of establishing a bank on our soil when the very relation itself at the cross roads.
    K Mohan
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease

  • #402781
    How can we even think of establishing relations with Pakistan after they cut off our soldier's head? It has been proved that Pakistan is the acting force behind various terrorists attacks in India. Forget about the Banks, India should not have any business with Pakistan including Cricket.

    Indian Banks are enough established to take care of the Indian Citizen's needs. RBI should never allow National Bank of Pakistan set-up in India.

    Regards,
    Namita Terse

  • #402967
    Namita I appreciate your view point. There is no question of continuing relation with Pakistan as they deceived us on many counts.
    K Mohan
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease


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