RBI, Central Bank of UAE sign pact on information sharing

Image
Press Trust of India Mumbai
Last Updated : Oct 19 2015 | 6:22 PM IST
The Reserve Bank of India today said it has signed an information sharing pact with the Central Bank of UAE.
"The Reserve Bank, today, signed the Memorandum of Understanding (MoU) on Supervisory Cooperation and Exchange of Supervisory Information with the Central Bank of UAE, United Arab Emirates," RBI said in a notification.
The MoU was was signed by Saeed Abdulla Al Hamiz, Assistant Governor for Banking Banking Supervision Affairs on behalf of Central Bank of UAE and Meena Hemchandra, Executive Director on behalf of RBI.
It was signed at the Head Office of Central Bank of UAE at Abu Dhabi, United Arab Emirates.
RBI has entered into such MoUs, Letters for Supervisory Co-operation and Statements of Co-operation with supervisors of a few countries to promote co-operation and sharing of information.
With this, the Reserve Bank has signed 29 such MoUs, one Letter for Supervisory Co-operation and one Statement of Co-operation, it added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 19 2015 | 6:22 PM IST

Next Story