Kathmandu, June 7 -- Nepal and India reached three agreements on Saturday during the official visit of Foreign Minister Shisir Khanal to India.

The deals followed delegation-level talks between Khanal and his Indian counterpart S Jaishankar in New Delhi. One of them is operationalisation of the peer-to-peer Cross Border Payment transactions under a deal between the NCHL and NPCI signed in June 2023.

In June 2023, the Nepal Clearing House Limited (NCHL) and the NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), signed an MoU in New Delhi to start cross-border digital payments and remittances between Nepal and India.

When India and Nepal launched a cross-border QR payme...