The Reserve Bank has signed a Memorandum
of Understanding (MoU) with the Central Bank of the Russian Federation
to promote greater co-operation and sharing of supervisory information
between the two banking supervisors. The MoU was signed at CBRF
headquarters in Moscow by G. Jaganmohan Rao, Chief General Manager, RBI
and Mikhail I. Sukhov, Deputy Chairman, CBRF.This is the 10th MoU signed
by the Reserve Bank with Central Bank of the Russian Federation .