Key Points
Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs, presided over the 28th meeting of the Financial Stability and Development Council (FSDC) in New Delhi on Thursday...
The meeting, held under her stewardship, witnessed the presence of Minister of State for Finance, Dr Bhagwat Karad, along with esteemed dignitaries and officials from various financial regulatory bodies...
Participants in the meeting include the Reserve Bank of India Governor, Finance Secretary, Secretary of the Department of Expenditure, Secretaries of the Departments of Economic Affairs and Revenue, Department of Financial Services, Ministry of Corporate Affairs, Chief Economic Adviser, Chairpersons of SEBI, PFRDA, IFSCA, IBBI, and senior officials of the Ministry of Finance...
Chaired by the Finance Minister, the council comprises heads of key financial sector regulators such as the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Pension Fund Regulatory and Development Authority (PFRDA), Insurance Regulatory and Development Authority (IRDA), and Forward Markets Commission (FMC)...
The 28th FSDC meeting also saw participation from luminaries representing regulatory bodies such as (Reserve Bank of India) RBI, Securities and Exchange Board of India (SEBI), Pension Fund Regulatory and Development Authority (PFRDA), Insurance Regulatory and Development Authority of India (IRDA), and Forward Markets Commission (FMC), among others...
