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    <title>Meeting of the FSDC Sub Committee, Mumbai, August 07, 2013</title>
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    <description>Review of domestic financial stability risks highlighted deteriorating asset quality in public sector banks and considered corrective measures, along with proposals on bank distribution of insurance products under the bancassurance model. The Sub Committee resolved to create a forum for inter-agency coordination and information exchange on collective investment schemes, launch a nationwide awareness campaign, and develop a unified strategy to address the extraterritorial effects of foreign regulatory regimes, while reviewing Technical Groups on financial inclusion, literacy and inter-regulatory coordination.</description>
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