Recently, the 26th meeting of Financial Stability and Development Council (FSDC) was chaired by the Union Finance Minister.
During the meeting, FM emphasised the importance of continuous risk monitoring in the financial sector so that necessary action can be taken to mitigate any vulnerability on time. The FM also reviewed financial sector issues that can be taken up during India’s G20 Presidency in 2023.
Deliberations at the meeting –
What is Financial Stability and Development Council?