RBI, Bank of England sign MoU on exchange of information related to Clearing Corporation of India

Mumbai (Maharashtra) [India], December 1 (ANI): The Reserve Bank of India (RBI) and the Bank of England (BoE) have signed a Memorandum of Understanding (MoU) concerning cooperation and exchange of information concerning Clearing Corporation of India Limited (CCIL).

As per an RBI release, the MoU establishes a framework for the BoE to place reliance on the RBI's regulatory and supervisory activities while safeguarding UK f