The 25th meeting of the Financial Stability and Development Council (FSDC) was held in Mumbai on February 22, under the Chairpersonship of Union Finance Minister Smt. Nirmala Sitharaman.
- The Council deliberated on the various mandates of the FSDC and major macro-financial challenges arising in view of global and domestic developments.
- The Council noted that Government and all regulators need to maintain constant vigil on the financial conditions and functioning of important financial institutions, especially considering that it could expose financial vulnerabilities in the medium and long-term.
- The Council discussed measures required for further development of the financial sector and to achieve an inclusive economic growth with macroeconomic stability.
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