The Reserve Bank of India has concluded a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Maldives Monetary Authority (MMA) on June 2, 2015. The MoU was inked by Ms. Neeza Imad, Assistant Governor-Financial Stability, Maldives Monetary Authority and Shri S.S. Mundra, Deputy Governor, Reserve Bank of India.

The Reserve Bank has been signing the Memorandum of Understanding/Exchange of Letters (EoL)/Statement of Co-operation (SoC) with supervisors of other countries to promote greater co-operation and sharing of supervisory information among the authorities. With this the Reserve Bank has signed 26 such MoUs, one Letter for Supervisory Co-operation and one Statement of Co-operation, with overseas regulators/supervisors.

Sangeeta Das
Director

Press Release: 2014-2015/2663