Mumbai: The Reserve Bank has signed a pact with Bank of Israel for exchange of information pertaining to banking supervision.
A Memorandum of Understanding (MoU) was signed by Hedva Ber, Supervisor of banks on behalf of Bank of Israel and Parvathy V Sundaram, Chief General Manager-in-Charge, Department of Banking Supervision on behalf of Reserve Bank of India, the RBI said in a statement.
"The Reserve Bank has entered into an MoU, 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, the RBI has signed 32 such MoUs, one Letter for Supervisory Co-operation and one Statement of Co-operation," it said.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
A Memorandum of Understanding (MoU) was signed by Hedva Ber, Supervisor of banks on behalf of Bank of Israel and Parvathy V Sundaram, Chief General Manager-in-Charge, Department of Banking Supervision on behalf of Reserve Bank of India, the RBI said in a statement.
"The Reserve Bank has entered into an MoU, 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, the RBI has signed 32 such MoUs, one Letter for Supervisory Co-operation and one Statement of Co-operation," it said.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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