<h1>Financial Stability and Development Council: Key Indian Financial Regulatory Leaders Address Stability, Sector Development, and Coordination.</h1> The Financial Stability and Development Council (FSDC), established by a Government of India notification on December 30, 2010, is chaired by the Union Finance Minister and includes key financial regulatory leaders. It addresses financial stability, sector development, inter-regulatory coordination, financial literacy, inclusion, and macro-prudential supervision. The Council operates without a separate budget and discusses agenda items proposed by its members, focusing on financial stability and sector development. Its Sub-Committee, led by the Reserve Bank of India's Governor, also deliberates on these issues to recommend necessary actions.