FM Nirmala Sitharaman chairs 24th meeting of Financial Stability and Development Council

Finance and Corporate Affairs Minister Nirmala Sitharaman on Friday chaired the 24th meeting of the Financial Stability and Development Council, FSDC in New Delhi. The meeting deliberated on the various mandates of the FSDC, Financial Stability, Financial Sector Development, Inter-regulatory Coordination, Financial Literacy and Financial Inclusion. During the meeting, it was noted that there is a need to keep a continuous vigil by Government and all regulators on the financial conditions. The Council also discussed issues relating to management of stressed assets, strengthening institutional mechanism for financial stability analysis, financial inclusion, framework for resolution of financial institutions and internationalization of Indian Rupee and pension sector related issues.

The meeting was attended by Minister of State for Finance Dr. Bhagwat Kishanrao Karad and Pankaj Chaudhary, Governor of Reserve Bank of India Shaktikanta Das among others.



The Dispatch is present across a number of social media platforms. Subscribe to our YouTube channel for exciting videos; join us on Facebook, Intagram and Twitter for quick updates and discussions. We are also available on the Telegram. Follow us on Pinterest for thousands of pictures and graphics. We care to respond to text messages on WhatsApp at 8082480136 [No calls accepted]. To contribute an article or pitch a story idea, write to us at [email protected] |Click to know more about The Dispatch, our standards and policies