Reserve Bank of India (RBI) and European Central Bank (ECB) sign MoU on central banking cooperation

Exam-focused facts from the 13 May 2026 current affairs briefing.

Key facts

The Reserve Bank of India (RBI) and the European Central Bank (ECB) signed a Memorandum of Understanding (MoU) to enhance cooperation in the field of central banking.
The agreement was signed by RBI Governor Sanjay Malhotra and ECB President Christine Lagarde.
The signing took place on the sidelines of the Bank for International Settlements (BIS) meetings in Basel.
The MoU updates an earlier agreement signed between the two central banks in 2015.
The framework establishes regular exchange of information, policy dialogue, and technical cooperation in areas of mutual interest.