Nirmala Sitharaman chairs 24th meeting of Financial Stability and Development Council

Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman has chaired the 24th meeting of the Financial Stability and Development Council (FSDC) on September 3rd, 2021.

• The meeting focused on the various mandates of the FSDC including Financial Stability, Financial Sector Development, Inter-regulatory Coordination, Financial Literacy, and so on.

About Financial Stability and Development Council (FSDC)

• Govt of India established the forum in order to strengthen and institutionalize the mechanism for maintaining financial stability, enhancing inter-regulatory coordination, and also to promotefinancial sector development.