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Financial Stability and Development Councul (FSDC)

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..... Financial Stability and Development Councul (FSDC)
News and Press Release
Dated:- 3-5-2013

The Financial Stability and Development Council (FSDC) has been constituted vide GOI notificati .....

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..... on dated 30th December, 2010. The Council is chaired by the Union Finance Minister and its members are Governor, Reserve Bank of India; Finance Secretary and/or Secretary, Department of Economic Affai .....

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..... rs; Secretary, Department of Financial Services; Chief Economic Adviser, Ministry of Finance; Chairman, Securities and Exchange Board of India; Chairman, Insurance Regulatory and Development Authority .....

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..... and Chairman, Pension Fund Regulatory and Development Authority. The Council deals, inter-alia, with issues relating to financial stability, financial sector development, inter-regulatory coordinati .....

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..... on, financial literacy, financial inclusion and macro prudential supervision of the economy including the functioning of large financial conglomerates. No funds are separately allocated to the Council .....

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..... for undertaking its activities. The Council and its Sub-Committee (chaired by Governor, Reserve Bank of India) deliberate on agenda items proposed by any of the members of the Council which broadly .....

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..... include matters relating to financial stability, inter-regulatory coordination, and financial sector development. The Council/Sub-committee deliberates on these issues and suggests taking appropriate .....

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..... steps, as required. DSM/RS/ka (Release ID :95543)
News - Press release - PIB .....

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