The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Banking Regulation and Supervision Agency of Republic of Turkey.

The MoU was signed by Mr Mehmet İrfan Kurt, Vice Chairman on behalf of Banking Regulation and Supervision Agency and Mrs Meena Hemchandra, Executive Director on behalf of Reserve Bank of India.

The Reserve Bank 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 co-operation and share supervisory information. With this RBI has signed 35 such MoUs, one Letter for Supervisory Co-operation and one Statement of Co-operation.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/1608