RBI, Bank of England sign MoU to facilitate cross-border settlement, clearing activities

The Reserve Bank of India (RBI) and Bank of England (BoE) have signed a Memorandum of Understanding (MoU) to cooperate and exchange information regarding the Clearing Corporation of India (CCIL). The Indian High Commission in London informed in a press release that the MoU was signed by RBI Deputy Governor T Rabi Sankar and BoE...