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The Reserve Bank of India, today, signed the Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Nepal Rastra Bank (NRB), Federal Democratic Republic of Nepal.

The MoU was signed by Mr. Narayan Prasad Paudel, Executive Director on behalf of Nepal Rastra Bank and Mrs. Meena Hemchandra, Executive Director on behalf of the Reserve Bank of India at the Central Office of Reserve Bank in Mumbai.

The Reserve Bank has so far entered into Memorandum of Understanding with supervisors of 27 countries and Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of one country each to promote greater co-operation and share supervisory information.

Ajit Prasad
Assistant General Manager

Press Release : 2015-2016/665