Everest Bank welcomes MD and CEO of Punjab National Bank to Nepal

Everest Bank welcomed Sunil Mehta, Managing Director and Chief Executive Officer of Punjab National Bank (PNB) to Nepal on his maiden official visit on March 6. “Today, Nepal is suffering from lack of adequate investment in manufacturing and employment generation.  Manufacturing gives multiplication of not less than four.  In other words, for every single person appointed in a manufacturing company, it results in further employment of not less than four people in ancillaries, transportation, etc,” Mehta said. He added, “The country’s attention, according to us, should be to attract established companies of India to set up manufacturing plants in Nepal.”