Seventh Meeting of the Financial Stability and Development Council (FSDC) Held Under The Chairmanship of The Union Finance Minister; Reviews The Position of Asset Quality and Capital Adequacy of The Banking System in the Country, National Strategy for Financial Education and the Recommendations of The Financial Sector Legislative Reforms Commission Among Others https://www.taxtmi.com/news?id=11206 The Financial Stability and Development Council reviewed banking asset quality and capital adequacy, considered Government and RBI initiatives to monitor credit quality, and assessed additional Basel III capital requirements. It noted enhanced inter-agency supervision through a regulators' Memorandum of Understanding, took note of FSLRC recommendations for phased examination and selective action, endorsed the National Strategy for Financial Education to advance financial inclusion, and urged expedited steps to develop the corporate bond market while expressing concern over rising gold imports. en-us Mon, 03 Jun 2013 17:18:34 +0530 Mon, 03 Jun 2013 17:18:34 +0530 TaxTMI RSS Generator Seventh Meeting of the Financial Stability and Development Council (FSDC) Held Under The Chairmanship of The Union Finance Minister; Reviews The Position of Asset Quality and Capital Adequacy of The Banking System in the Country, National Strategy for Financial Education and the Recommendations of The Financial Sector Legislative Reforms Commission Among Others https://www.taxtmi.com/news?id=11206 The Financial Stability and Development Council reviewed banking asset quality and capital adequacy, considered Government and RBI initiatives to monitor credit quality, and assessed additional Basel III capital requirements. It noted enhanced inter-agency supervision through a regulators' Memorandum of Understanding, took note of FSLRC recommendations for phased examination and selective action, endorsed the National Strategy for Financial Education to advance financial inclusion, and urged expedited steps to develop the corporate bond market while expressing concern over rising gold imports. News - Mon, 03 Jun 2013 17:18:34 +0530 https://www.taxtmi.com/news?id=11206