The Bank of Mauritius announced that it has signed a Memorandum of Understanding (MoU) with the Reserve Bank of India Innovation Hub (RBIH) to establish structured cooperation on innovation in the banking and financial sector. The MoU sets out collaboration areas including knowledge sharing, technical assistance and joint initiatives, with a focus on using emerging technologies for banking and payment solutions and other financial services. The Bank of Mauritius indicated that the partnership is intended to support the adoption of emerging technologies, strengthen financial-sector resilience and enhance regulatory frameworks. As a next step, the Bank of Mauritius and RBIH will set up working groups to identify priorities and formulate joint work plans.
Bank of Mauritius 2026-02-27
Bank of Mauritius signs MoU with the Reserve Bank of India Innovation Hub to cooperate on fintech innovation
The Bank of Mauritius has signed a Memorandum of Understanding with the Reserve Bank of India Innovation Hub to foster cooperation on innovation in the banking and financial sector. The agreement focuses on knowledge sharing, technical assistance, and joint initiatives, particularly in emerging technologies for banking and payment solutions. Working groups will be established to identify priorities and develop joint work plans.