LIC AAO Model Paper 8

The RBI, in October 2015, signed a Memorandum of Understanding (MoU) with the Central Bank of United Arab Emirates (UAE) on Supervisory Cooperation and Exchange of Supervisory Information.By signing the MoU, RBI is seeking to promote greater co-operation and share supervisoiy information among the authorities. So far RBI has signed 29 such MoUs, one Letter for Supervisory Co-operation (LSC) and one Statement of Co-operation (SoC) in this regard.