Wednesday 21 November 2012

RBI and the State Bank of Vietnam signed a Memorandum of Understanding

The Reserve Bank of India (RBI) on 16 November 2012 signed a Memorandum of Understanding (MoU) with the State Bank of Vietnam (SBV) for promoting greater co-operation and sharing supervisory information, between the two supervisors.

The MoU between the two banks was signed at Hanoi, Vietnam in the Headquarters of State Bank of Vietnam and by the Chief General Manager-In-Charge, Department of Banking Supervision, RBI- G. Jaganmohan Rao and Chief Inspector, Banking Supervision Agency, SBV- Nguyen Huu Nghia. The Deputy Governor, SBV- Dang Thanh Binh, and Indian Ambassador to Hanoi- Ranjit Rae graced this occasion of signing the MoU.

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