Reserve Bank has inked a pact with the Central Bank of Myanmar for enhanced co-operation and information sharing.
"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.
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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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