Bank Pasargad Iran Targeting Multiple India Branches

After it was confirmed during President Hassan Rouhani’s recent trip to India that Iran’s Bank Pasargad, one of three banks seeking to open branches there, has finally received the green light, the bank has now said it is targeting multiple branches.
“Bank Pasargad is considering the establishment of three [additional] branches in India in the future, which will considerably facilitate the transfer of oil money,” Mostafa Beheshti-Rouy, a board member with the bank, was quoted as saying by IBENA in a press conference on Sunday.