Formation of FSDC

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..... Formation of FSDC
News and Press Release
Dated:- 23-11-2010

The Financial Stability Development Council (FSDC) is expected to come into force in the month of December, 2010. The Ministry .....

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..... of Finance has consulted all the financial sector regulators on the formation of the Council. The objectives of FSDC would be to deal with issues relating to: • Financial stability • Financial se .....

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..... ctor development • Inter-regulatory coordination • Financial literacy • Financial inclusion • Macro prudential supervision of the economy including the functioning of large financial conglomerates. .....

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..... • Coordinating India's international interface with financial sector bodies such as the Financial Action Task Force (FATF) and Financial Stability Board (FSB). This information was given by the Min .....

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..... ister of State for Finance, Shri Namo Narain Meena in written reply to a question raised in Rajya Sabha today.
News - Press release - PIB .....

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