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Financial Stability and Development Councul (FSDC)
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....inancial Stability and Development Councul (FSDC) <br>News and Press Release<br>Dated:- 3-5-2013<br><BR>The Financial Stability and Development Council (FSDC) has been constituted vide GOI notificatio....
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....n dated 30th December, 2010. The Council is chaired by the Union Finance Minister and its members are Governor, Reserve Bank of India; Finance Secretary and/or Secretary, Department of Economic Affair....
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....s; Secretary, Department of Financial Services; Chief Economic Adviser, Ministry of Finance; Chairman, Securities and Exchange Board of India; Chairman, Insurance Regulatory and Development Authority ....
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....and Chairman, Pension Fund Regulatory and Development Authority. The Council deals, inter-alia, with issues relating to financial stability, financial sector development, inter-regulatory coordinatio....
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....n, financial literacy, financial inclusion and macro prudential supervision of the economy including the functioning of large financial conglomerates. No funds are separately allocated to the Council ....
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....for undertaking its activities. The Council and its Sub-Committee (chaired by Governor, Reserve Bank of India) deliberate on agenda items proposed by any of the members of the Council which broadly i....
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....nclude matters relating to financial stability, inter-regulatory coordination, and financial sector development. The Council/Sub-committee deliberates on these issues and suggests taking appropriate s....
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....teps, as required. DSM/RS/ka (Release ID :95543)<BR> News - Press release - PIB....