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25th Meeting of Financial Stability and Development Council held in Mumbai FSDC notes need for constant vigil on financial conditions and functioning of financial institutions The 25thmeeting of the Financial Stability and Development Council (FSDC) was held in Mumbai today, under the Chairper
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FAQ :
The 25th meeting of the Financial Stability and Development Council (FSDC) was chaired by the Union Finance Minister, Smt. Nirmala Sitharaman.
The FSDC noted the necessity for government and all regulators to maintain constant vigilance on financial conditions and the functioning of important financial institutions.
The council discussed measures for achieving an inclusive economic growth with macroeconomic stability.
The council also discussed operational issues relating to currency management.
The FSDC has been set up to strengthen and institutionalise the mechanism for maintaining financial stability, enhance inter-regulatory coordination, and promote financial sector development.
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