Finance Minister Nirmala Sitharaman (Image Source: X/Finance Ministry)
\n\nUnion Finance Minister Nirmala Sitharaman chaired the 30th meeting of the Financial Stability and Development Council (FSDC) in New Delhi on Friday, bringing together the Reserve Bank of India (RBI) Governor, financial sector regulators and senior government officials. The meeting brought representatives from key financial institutions and government departments together to discuss matters concerning financial stability, regulatory coordination and the development of India's financial sector.
\n\nAccording to a social media post by the Ministry of Finance, "Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs the 30th meeting of the Financial Stability and Development Council #FSDC, in New Delhi, today."
\n\nRBI Governor and senior officials from several Finance Ministry departments were among those present at the meeting. These included secretaries from the Department of Economic Affairs, Department of Revenue and Department of Financial Services.
\n\nThe Chief Economic Adviser to the Government of India also attended the meeting, along with the chairpersons of India's major financial sector regulatory bodies.
\n\nThese included the Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI), International Financial Services Centres Authority (IFSCA), Pension Fund Regulatory and Development Authority (PFRDA) and…
Original source: https://www.timesnownews.com/business-economy