The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Banco Central do Brasil (BCB) on December 26, 2014. With this the Reserve Bank has signed 23 such MoUs, one Letter for Supervisory Co-operation and one Statement of Co-operation with overseas regulators/supervisors.

The MoU was signed by Mr Anthero de Moraes Meirelles, Deputy Governor for Supervision, BCB and Shri S.S. Mundra, Deputy Governor, Reserve Bank of India.

The Reserve Bank has been signing the Memorandum of Understanding/ Exchange of Letters/Statement of Co-operation with supervisors of other countries to promote greater co-operation and sharing of supervisory information among the authorities.

Sangeeta Das
Director

Press Release: 2014-2015/1573