RBI signs MoU with Nepal Rastra Bank on supervisory cooperation & exchange of supervisory information

Q.  RBI has signed an MoU with which bank on Supervisory Cooperation and Exchange of Supervisory Information on 14th September 2015:
- Published on 16 Sep 15

a. National Grameen Bank
b. Nepal Rastra Bank
c. Russian National Bank
d. Japan Central Bank

ANSWER: Nepal Rastra Bank
 
The MoU was signed by Meena Hemchandra, ED of RBI and Nepal Rastra Bank’s ED Narayan Prasad Paudel in New Delhi. Through this agreement, RBI will promote greater co-operation and share supervisory information among the authorities. The apex bank has so far entered into MoU with supervisors of 27 countries and Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of one country. This is to promote greater co-operation and share supervisory information.

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