<h1>Finance Leaders Discuss Economic Stability, KYC, and Credit Rating Agency Regulations at 17th FSDC Meeting in New Delhi.</h1> The 17th Financial Stability and Development Council (FSDC) meeting, chaired by the Finance Minister, took place in New Delhi, attended by key figures including the RBI Governor and senior government officials. Discussions highlighted India's macro-economic stability, driven by structural reforms like GST and demonetization. The Council addressed economic challenges, emphasizing vigilance against vulnerabilities. Progress on the Financial Sector Assessment Program and the establishment of CERT-Fin and the Financial Data Management Centre was reviewed. The meeting also covered the Central KYC Registry system and the regulation of Credit Rating Agencies, with a focus on implementation and operational improvements.