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  Business   Companies  18 Apr 2017  RBI sign MOU with Royal Monetary Authority of Bhutan

RBI sign MOU with Royal Monetary Authority of Bhutan

PTI
Published : Apr 18, 2017, 6:57 pm IST
Updated : Apr 18, 2017, 6:57 pm IST

RBI has signed 39 such MoUs, one Letter for Supervisory Co-operation and one Statement of Co- operation.

Reserve Bank of India
 Reserve Bank of India

 Mumbai: The Reserve Bank of India (RBI) has inked a supervisory cooperation pact with the Royal Monetary Authority of Bhutan for information sharing. A memorandum of understanding on 'Supervisory Cooperation and Exchange of Supervisory Information' was signed by RBI Deputy Governor S S Mundra and Royal Monetary Authority of Bhutan Deputy Governor Phajo Dorjee, the central bank said in a release.

The RBI has entered into MoUs, Letter for Supervisory Co- operation and Statement of Co-operation with supervisors of a few countries. The objective of such pacts is to promote greater co- operation and share supervisory information, the RBI said. With this, the RBI has signed 39 such MoUs, one Letter for Supervisory Co-operation and one Statement of Co- operation.

 

Tags: reserve bank of india, royal monetary authority of bhutan