Central banks differ on RBI / MAS pact

The Reserve Bank of India and the Monetary Authority of Singapore have differences on many issues relating to the India-Singapore Comprehensive Economic Co-operation Agreement, the Business Standard newspaper reported Wednesday 5 April.

This includes the RBI's decision not to allow Temasek Holdings to increase its stake in ICICI Bank Ltd. at the time of the bank's recent public issue, said the paper.

The central bank has taken the position that both Temasek and the Government of Singapore Inves

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: