RBI and the Bank Indonesia (BI) signed a Memorandum of Understanding on July 16, 2022, in Bali, Indonesia, on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting to improve mutual cooperation between the two central banks.
City Union Bank (CUB) and Shriram General Insurance inked an agreement in a corporate set-up to offer Shriram General Insurance's insurance products through its network of 727 offices throughout India.
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