RBI, Bank of England sign MoU on Clearing Corporation cooperation
Megha Jain
Content Head
Image Credit: newsbyte
The Reserve Bank of India (RBI) and the Bank of England (BoE) have joined forces by signing a Memorandum of Understanding (MoU). This collaboration aims to exchange vital information regarding the Clearing Corporation of India Ltd (CCIL). RBI Deputy Governor T Rabi Sankar and BoE Deputy Governor for Financial Stability Sarah Breeden signed the MoU in London, creating a strong foundation for cooperation between the two central banks.
