Our Reserve Bank and their Nepal Rashtra Bank are having discussions on that. We must understand that it is a very complex issue, said FS V...

RBI Deputy Governor S S Mundra said the final numbers can only be revealed after counting the notes deposited in cooperative banks.

Trouble started after some Indian currency notes were withdrawn and the matter is yet to be sorted out despite several rounds of talks.

Indian rupee is a legal tender in the Himalayan state and Nepali citizens still hold banned notes in far-flung areas: Upadhyay.

Nepal’s Ambassador to India Deep Kumar Upadhyay is now in Mumbai to hold consultations with the central bank officials.

The Nepal-India cooperation in this matter aims to strengthen institutional capacity development of the concerned Departments in Government...