RBI, Bangladesh Bank ink MoU on information exchange

MUMBAI: The Reserve Bank has signed a memorandum of understanding (MoU) with Bangladesh Bank for exchange of supervisory information.

"The Reserve Bank of India, today, signed the Memorandum of Understanding (MoU) on Supervisory Cooperation and Exchange of Supervisory Information with the Bangladesh Bank, Peoples Republic of Bangladesh," RBI said in a release.

RBI has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of a few countries to promote greater cooperation and share supervisory information.

With this, RBI has signed 30 such MoUs, one Letter for Supervisory Cooperation and one Statement of Cooperation, the central bank said in the release.