India, May 11 -- The Reserve Bank of India and the European Central Bank on Sunday signed a memorandum of understanding (MoU) aimed at enhancing cooperation in the field of central banking.
The agreement was signed by Sanjay Malhotra and Christine Lagarde.
According to the RBI, the updated MoU replaces the earlier 2015 agreement and establishes a framework for regular exchange of information, policy discussions, and technical cooperation between the two central banks in areas of mutual interest.
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