<h1>Finance Leaders Discuss KYC Digitalization, Social Stock Exchanges, and Financial Stability at FSDC Meeting.</h1> The Union Finance Minister chaired the 28th meeting of the Financial Stability and Development Council (FSDC) in New Delhi, focusing on enhancing inter-regulatory coordination to bolster financial sector stability and inclusive growth. Key discussions included strategies for simplifying and digitalizing KYC processes, initiating fundraising for social enterprises via social stock exchanges, and curbing unauthorized lending through online apps. The council emphasized vigilance against emerging financial risks and supported the strategic development of GIFT IFSC as a leading international financial center. The meeting also reviewed the activities of the FSDC Sub-Committee and actions taken on previous decisions.