<h1>FSDC Meeting Reviews Economic Resilience, Tackles NPAs, Market Volatility, and Regulatory Frameworks under Finance Minister's Leadership.</h1> The 13th meeting of the Financial Stability and Development Council (FSDC), chaired by the Union Finance Minister, addressed key economic issues, including financial market volatility and rising bank non-performing assets (NPAs). The Council reviewed macro-economic conditions, emphasizing India's resilience due to strong fundamentals and forex reserves. Discussions covered measures for stressed assets, impacts on the bond market, and updates on initiatives like the Public Debt Management Agency and Resolution Corporation. The meeting also reviewed regulatory frameworks for deposit-taking activities, the merger of FMC with SEBI, and India's involvement with international financial bodies like the Financial Stability Board and Financial Action Task Force.