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Reserve Bank of India and European Central Bank sign Memorandum of Understanding on mutual cooperation (Photo: RBI _X)

1 min read Last Updated : May 10 2026 | 9:18 PM IST


Reserve Bank of India (RBI) Governor Sanjay Malhotra and European Central Bank (ECB) President Christine Lagarde on Saturday signed a Memorandum of Understanding (MoU) on cooperation in the field of central banking, the RBI said in a statement. The signing took place on the sidelines of the Bank for International Settlements (BIS) meetings in Basel.

 


“The MoU, which updates the previous MoU of 2015, provides a framework for a regular exchange of information, policy dialogue and technical cooperation between the two institutions in areas of mutual interest in the field of central banking,” the statement said.

 

First Published: May 10 2026 | 9:18 PM IST