RBI's said to be open to new MoU if EU regulators soften audit stance

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.