BOT signs cooperation MoU with India’s central bank
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The Bank of Thailand (BOT) on March 20 signed a memorandum of understanding (MoU) on Exchange of Banking Supervision Information with the Reserve Bank of India (RBI), the regulator of financial institutions in India.
The MoU provides a formal basis for banking supervisory cooperation between the two authorities. It allows for cooperation between the BOT and the RBI in the areas of information sharing and communication from the licensing process to supervision of banks operating under their jurisdiction.
