The prime ministers of India and Pakistan will hold a bilateral meeting here on Thursday during which the Indian side is expected to convey its unhappiness over the lack of "credible" action by Islamabad to punish perpetrators of 26/11 and end cross-border terrorism.

Prime Minister Manmohan Singh and his Pakistani counterpart Yousuf Raza Gilani will hold a bilateral meeting here on the sidelines of the 16th SAARC Summit, spokesperson for the Ministry of Foreign Affairs Vishnu Prakash said here.