Financial Stability And Development Council

The meeting is to be held soon after first-quarter GDP numbers projected around 20 per cent growth against a contraction of 24.4 per cent recorded in the same quarter of the last financial year.

RBI Governor headed FSDC sub-committee reviews developments in economy

The Sub-Committee also discussed scope for improvements in insolvency resolution under IBC, utilisation of data with the Central KYC Records Registry and changes in the regulatory framework relating to Alternative Investment Funds (AIFs) set up in the International Financial Services Centre (IFSC), among others.

FM to review state of economy at FSDC meet on Nov 7

According to sources, the meeting will take stock of various measures taken by the government to boost the sagging growth which hit a six-year low of 5 percent in the first quarter of the current fiscal.

No threat of systemic risk from housing sector: RBI Report

Rise in home prices "moderating significantly" in 2015-16 and there is no threat of any systemic risk from the housing sector with the gross NPAs among retail loans being contained, the RBI said on June 28

Jaitley restates 7.5% GDP aim amid global challenge at FSDC meet

The Finance Minister took stock of the economy with all the financial regulators, reiterating the government's growth target of around 7.5 percent, while acknowledging the fact that the global situation remains challenging.

India needs to remain vigilant, watch world situation: FSDC

The meeting of the Financial Stability and Development Council (FSDC) sub-panel, headed by RBI Governor Raghuram Rajan, reviewed domestic and international developments and their impact on the financial stability of the country.

Economic growth can end banks' NPLs in next 3 yrs: Experts

Dr Charan Singh, Professor of economics, IIM Bangalore and Mr Sharad Sharma, Managing Director, State Bank of Mysore talk about resolving the worry for banks, augmenting NPAs.

High-powered committee for banks to comply Basel III norms

Among others, the FSDC meeting also discussed implementing non-legislative recommendations of FSLRC and setting up a repository for investors with a single view of all financial asset classes.

India better prepared to deal with US Fed tapering: Rajan

"We have done a lot to make the economy robust and we are better prepared (to deal with impact of tapering). (But) I will never say we are fully prepared for any eventuality. We have to be vigilant," Reserve Bank Governor Raghuram Rajan said.

SEBI, RBI needs to use teeth given to them by law: Takru

It is necessary that we act before the pot boils over that is more important and we would probably put something in place which would lead to proactive action, says Baking Secretary, Rajiv Takru.

RBI and FinMin lock horns over FSDC functioning

RBI and ministry of finance are at loggerheads over functioning and powers of Financial Stability and Development Council (FSDC).

FM, regulators review India's economic situation

The Financial Stability and Development Council (FSDC), a panel of key regulators headed by Finance Minister Pranab Mukherjee met in Delhi on Wednesday. The agenda of this meeting was to discussion the state of the economy and the corporate bond market, reports Aakansha Sethi of CNBC-TV18.

FSDC reviews financial stability and economic situation

The Financial Stability and Development Council (FSDC) headed by Finance Minister Pranab Mukherjee today reviewed general economic situation in the light of steep rate hike by RBI.

Public debt mgmt body will compromise RBI efforts: Gopinath

The proposed separate public debt management agency would compromise the effectiveness of the Reserve Bank actions in managing market volatility and the market expectations arising out of government borrowings, according to ex-deputy governor Shyamala Gopinath.