The Reserve Bank of India, signed a Memorandum of Understanding (MoU) on “Exchange of information and mutual assistance in banking sector supervision” with Central Bank of Seychelles (CBS). The MoU was inked by Mr. C. Edmond, First Deputy Governor, Central Bank of Seychelles and Mr. S. S. Mundra, Deputy Governor, Reserve Bank of India.

The Reserve Bank of India 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 RBI has signed 25 such MoUs, one Letter for Supervisory Co-operation and one Statement of Co-operation, with overseas regulators/supervisors.

Ajit Prasad
Assistant General Manager

Press Release: 2014-2015/2463