FSDC Sub-Committee Takes a View of the International and Domestic Economic Situation: our Macro-Economic Fundamentals are Quite Strong : No Need for Worry due to Uncertain International Economic Situation; However asks for the Need to Remain Vigilant and Keep a Watch on the Situation

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....SDC Sub-Committee Takes a View of the International and Domestic Economic Situation: our Macro-Economic Fundamentals are Quite Strong : No Need for Worry due to Uncertain International Economic Situation; However asks for the Need to Remain Vigilant and Keep a Watch on the Situation <br>News and Press Release<br>Dated:- 10-9-2015<br><BR>A meeting of the Financial Stability and Development Council ....

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....(FSDC) Sub-committee was held today in Mumbai. The meeting was chaired by Dr. Raghuram Rajan, Governor, Reserve Bank of India .The meeting was attended by Shri Ratan P. Watal, Finance Secretary; Shri Shaktikanta Das, Secretary, Department of Economic Affairs (DEA),; Ms. Anjuly Chib Duggal, Secretary, Department of Financial Services (DFS),; Shri U. K. Sinha, Chairman, Securities and Exchange Board....

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.... of India (SEBI); Shri T. S. Vijayan, Chairman, Insurance Regulatory and Development Authority of India (IRDAI); Shri Hemant G. Contractor, Chairman, Pension Funds Regulatory and Development Authority (PFRDA); Shri Ramesh Abhishek, Chairman, Forward Markets Commission (FMC); Deputy Governors of RBI, Shri H. R. Khan, Dr. Urjit Patel and Shri S. S. Mundra; Executive Directors of RBI, Shri Deepak Moh....

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....anty and Shri N. S. Vishwanathan and other officials from RBI and the Ministry of Finance. The Sub-committee of FSDC reviewed the international and domestic economic situation. Issues regarding inter-regulatory co-ordination for reporting under Foreign Account Tax Compliance Act (FATCA), Central KYC Registry, International Financial Services Centre (IFSC), development of corporate bond market, pe....

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....nsion funds etc. were discussed. The Sub-Committee also took note of the functioning of the various Technical Groups under its ambit and the progress achieved by the State Level Coordination Committees in various States/ Union Territories. There was commonality of views. The Sub-committee of FSDC was of the view that our macro-economic Fundamentals are quite strong and there is no immediate cause....

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.... of worry due to international economic situation. However, it was of the view that there was need to be vigilant and to keep a watch on the situation.<BR> News - Press release - PIB....