The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Bank of Zambia.

The MoU was signed by Dr Denny H Kalyalya, Governor on behalf of Bank of Zambia and Dr Urjit R. Patel, Governor 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 36 such MoUs, one Letter for Supervisory Co-operation and one Statement of Co-operation.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2194