RBI pact with central bank of Australia

November 08, 2013 12:20 am | Updated 12:20 am IST - MUMBAI:

The Reserve Bank of India has signed cooperation agreement with central banks of Australia and New Zealand for exchange of information. The MoUs provide a formal, yet legally non-binding, channel for information exchange between the supervisors, the RBI said in a statement.

With this, the Reserve Bank has signed such MoUs with 18 supervisors, it said.

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