<h1>IFSCA and RBI Sign MoU for Joint Regulation, Supervision, and Information Sharing to Boost Financial Stability in India.</h1> The International Financial Services Centres Authority (IFSCA) and the Reserve Bank of India (RBI) have signed a Memorandum of Understanding (MoU) to collaborate on the regulation and supervision of entities within their jurisdictions. This agreement promotes technical cooperation and information sharing. The IFSCA oversees financial products and institutions in India's International Financial Services Centres, while the RBI regulates banks and non-banking financial institutions across India. The MoU aims to enhance the safety and stability of financial systems and foster environments that support business development and economic growth.