RBI's said to be open to new MoU if EU regulators soften audit stance https://ift.tt/cj9HMpG meeting late last month between senior officials of the Reserve Bank of India (RBI) and European banks was the ice-breaker in protracted discussions over the foreign regulators' de-recognition of CCIL. European banks trading in India that stand to be the most affected by the negotiations are Credit Suisse, BNP Paribas, Societe Generale and Deutsche Bank.
Wednesday, April 12, 2023
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