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* Sri Lanka, India central banks agree to cooperate and exchange information
Fri, Jan 31, 2014, 10:03 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 31, Colombo: The Reserve Bank of India (RBI) has signed an agreement with Central Bank of Sri Lanka (CBSL) to cooperate and share information, an RBI release said Friday.

The Reserve Bank of India has signed a Memorandum of Understanding (MoU) on "Supervisory Cooperation and Exchange of Supervisory Information" with the Sri Lanka Central Bank to "promote greater co-operation and sharing of supervisory information between the two supervisors."

The RBI has been signing the Memorandum of Understanding with supervisors of other countries and the agreement with Sri Lanka is the 19th such MoU.

The MoU was inked by Secretary to the Monetary Board of Central Bank of Sri Lanka P. Samarasiri and Executive Director of Reserve Bank of India G. Gopalakrishna.

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