PRESS RELEASE

European Central Bank and Reserve Bank of India sign a Memorandum of Understanding on cooperation

12 January 2015

Mario Draghi, President of the European Central Bank (ECB), and Raghuram Rajan, Governor of the Reserve Bank of India (RBI), today signed a Memorandum of Understanding on cooperation in the field of central banking.

The Memorandum of Understanding provides a framework for a regular exchange of information, policy dialogue and technical cooperation between the two institutions. Technical cooperation may take the form of joint seminars and workshops in areas of mutual interest in the field of central banking.

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