Citizen Journalist
FSDC takes note of economic headwinds, vows to stay alert
The Council, comprising regulators, took note of the overall stability that has been achieved on the back of improvements in macro-economic fundamentals, structural reforms with the launch of the Goods and Services Tax (GST), action being taken to address the twin balancesheet challenge and financial market confidence.
Aug 22, 2017, 14:48 PM IST
India better placed amidst fragile world economy: FSDC
India appears to be much better placed with improved macro-economic fundamentals, as measures to eliminate shadow economy and tax evasion are expected to have positive impact on GDP, the all-powerful FSDC -- headed by Finance Minister Arun Jaitley -- said on Thursday.
Jan 05, 2017, 19:32 PM IST
India alert to global financial threats, ready to deal with Brexit outcome: FSDC
FSDC, which includes RBI Governor and other financial regulators, reviewed the measures taken by the government and the central bank for handling the stressed assets and discussed ways to manage the situation.
Jul 05, 2016, 20:32 PM IST
FM Arun Jaitley, RBI Chief Raghuram Rajan to discuss country's fiscal issues today
Finance Minister Arun Jaitley and Reserve Bank of India Governor Raghuram Rajan will on Tuesday discuss fiscal development and economic issues at a Financial Stability and Development Council (FSDC) meeting.
Jul 05, 2016, 10:08 AM IST
India needs to remain prepared to deal with external risks: FSDC
India should remain in a state of "full preparedness" to deal with any external sector vulnerability, Finance Ministry said after a meeting of the FSDC.
Nov 05, 2015, 20:21 PM IST
Sebi pitches for scaling up NCFE to complement Jan Dhan Yojana
It works with a vision of "a financially aware and empowered India".
May 24, 2015, 10:55 AM IST
Macro-economic vulnerabilities significantly reduced: FSDC
Jaitely said, emphasised that action on single demat account and uniform KYC norms be expedited and suitable regulation framework to be put in place.
May 15, 2015, 19:46 PM IST
Common account in works for all financial assets
Financial regulators, including RBI, Sebi and IRDA, are working on creating a common account aggregation facility, which may allow people to get details of all their financial assets in one place.
Dec 11, 2014, 20:15 PM IST
SEBI now empowered to deal with ponzi menace: Sinha
Chairman of Securities and Exchange Board of India (SEBI) U K Sinha on Thursday said it is now empowered to deal effectively with the ponzi menace.
Dec 11, 2014, 20:07 PM IST
High-powered committee for banks to comply Basel III norms
A high powered committee under Financial Stability and Development Council (FSDC) has been set up to find ways for the banking sector to comply with Basel III capital norms.
Mar 07, 2014, 19:32 PM IST
Introduce common demat account for financial investments: FM
Finance Minister P Chidambaram on Tuesday asked regulators to expeditiously introduce a common demat account for financial assets, a move that is expected to benefit investors.
Feb 04, 2014, 19:03 PM IST
FSDC meet to discuss rupee fall, state of markets
The sub-committee meeting, headed by RBI governor D Subbarao, will also be attended by senior finance ministry officials including Department of Economic Affairs (DEA) Secretary Arvind Mayaram.
Aug 06, 2013, 20:50 PM IST
Capital base to help banks withstand stress of bad loans: FSDC
The Financial Stability Development Council (FSDC), headed by Finance Minister P Chidambaram, today discussed the asset quality of banks and hoped that strong capital base would help the banking sector withstand stress.
Jun 03, 2013, 22:08 PM IST
FSDC panel to discuss rising bad loans issue Monday
A sub-committee of the Financial Stability and Development Council (FSDC) is likely to discuss asset quality of banks, fraudulent scheme, among others, at its meeting on Monday.
Jun 02, 2013, 18:38 PM IST
Financial regulators sign pact to monitor conglomerates
Financial sector regulators on Friday signed an agreement to monitor conglomerates - large banks and other key players - in view of their rising importance to the real economy, apart from approving a national strategy for financial education.
Mar 08, 2013, 20:39 PM IST
FSDC deliberates on ways to deepen corporate debt market
A high-level panel of financial sector regulators headed by Finance Minister P Chidambaram on Saturday discussed steps required to promote corporate bond market to help India Inc access long-term funds.
Nov 10, 2012, 20:15 PM IST
High level panel discusses global, domestic economic situation
RBI Governor D Subbarao headed sub-committee of Financial Stability and Development Council (FSDC) Thursday discussed steps to protect India from possible systemic risks in wake of the prevaling global scenario.
Dec 08, 2011, 22:45 PM IST
FSDC reviews financial stability and economic situation
The Financial Stability and Development Council (FSDC) headed by Finance Minister Pranab Mukherjee on Wednesday reviewed general economic situation in the light of steep rate hike by RBI.
Jul 27, 2011, 14:09 PM IST
