RBI, European Central Bank sign revised agreement on information exchange, central bank...

This report covers key India-focused updates related to loans, EMI, interest rates and banking. RBI, European Central Bank sign revised agreement on information exchange, central banking ties The Reserve Bank of India and the European Central Bank have signed a Memorandum of Understanding. This agreement aims to boost cooperation in central banking. The MoU updates a previous pact from 2015. It will facilitate information exchange and policy dialogue. Both banks will collaborate on mutual interests. This strengthens their engagement on banking practices and financial sector growth. (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online.