RBI, ECB sign MoU for cooperation in central banking

The Reserve Bank of India and the European Central Bank have signed a memorandum of understanding for cooperation in the area of central banking.

"Raghuram Rajan, Governor, Reserve Bank of India (RBI) and Mario Draghi, President of the European Central Bank (ECB) today signed a Memorandum of Understanding (MoU) on cooperation in the field of central banking," RBI said in a release Free Stock Share Tips

The MoU provides a framework for regular exchange of information, policy dialogue and technical cooperation between the two institutions.

Technical cooperation may take the form of joint seminars and workshops in areas of mutual interest in the field of central banking, said the RBI Intraday Trading Tips