"The Reserve Bank of India signed a Memorandum of Understanding on 'Supervisory Cooperation and Exchange of Supervisory Information' with Central Bank of Myanmar," RBI said in a release.
The MoU was inked on October 19, 2016 in the presence of Prime Minister Narendra Modi and State Counsellor of Myanmar Aung San Suu Kyi, during her visit to India.
This is RBI's 34th such MoU, it added.
The MoU was signed by U Kyaw Tin, Minister of State for Foreign Affairs, Government of Myanmar and S S Mundra, Deputy Governor, RBI.
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