Financial Stability-and-development-council

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Financial Stability-and-development-council - Total results - 8
Banks' bad debt to rise sharply from 8.5% to 12.5% by March 2021 amid COVID-19: RBI report
India

Banks' bad debt to rise sharply from 8.5% to 12.5% by March 2021 amid COVID-19: RBI report

The RBI governor said preserving long-term stability of the financial system is the key to recovery of economic growth

Coronavirus Outbreak: Nirmala Sitharaman chairs FSDC panel meeting, takes stock of economy
Business

Coronavirus Outbreak: Nirmala Sitharaman chairs FSDC panel meeting, takes stock of economy

Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy at the meeting of the Financial Stability and Development Council (FSDC), in view of disruptions caused by the COVID-19 pandemic

Nirmala Sitharaman calls FSDC panel meeting on Thursday, to discuss impact of COVID-19 on economy
Business

Nirmala Sitharaman calls FSDC panel meeting on Thursday, to discuss impact of COVID-19 on economy

Finance Minister Nirmala Sitharaman has called a meeting of the Financial Stability and Development Council (FSDC) on Thursday, which among other things will discuss the impact of COVID-19 on the financial sector and the economy

Arun Jaitley holds high-level meeting to discuss liquidity issues; no discussion on RBI-govt differences, says report
Business

Arun Jaitley holds high-level meeting to discuss liquidity issues; no discussion on RBI-govt differences, says report

Unlike in the past, all the four RBI deputy governors attended Tuesday's FSDC meeting along with Patel.

RBI to allow new kind of NBFC as account aggregator
Economy

RBI to allow new kind of NBFC as account aggregator

RBI also proposes to recommence the Financial Inclusion Advisory Committee to take the financial inclusion agenda forward, Deputy Governor SS Mundra, said.

Jaitley seeks to cut business cost to propet growth
India

Jaitley seeks to cut business cost to propet growth

Reaffirming the government's commitment to keep finances in check, the finance minister said he is against "slackening the vigil in the area of fiscal consolidation".

Jaitley to chair FSDC meeting this week
India

Jaitley to chair FSDC meeting this week

Jaitley will chair the meeting of the Financial Stability and Development Council.

Financial conglomerates are being 'monitored regularly': Sebi
Business

Financial conglomerates are being 'monitored regularly': Sebi

According to a 2013 status report published by global financial sector oversight body FSB (Financial Stability Board), India is progressing well on implementation of various G20 recommendations, including the regulatory framework for large financial conglomerates.