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    <title>FM chairs the 20th Meeting of the Financial Stability and Development Council (FSDC; Financial Regulators gave their proposals for the Union Budget 2019-20</title>
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    <description>The Council reviewed global and domestic economic conditions and financial stability risks, focusing on banking and NBFC vulnerabilities, and collected regulator proposals for the Union Budget. It noted progress on establishing a Financial Data Management Centre for integrated data aggregation and analysis and a CERT-Fin to strengthen cybersecurity, and reviewed actions of the FSDC Sub-Committee and member follow-up on prior decisions to enhance regulatory coordination and preparedness.</description>
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