Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman on December 15, 2020 chaired the 23rd Meeting of the Financial Stability and Development Council (FSDC) through video conference.
- The FSDC, set up in December 2010, is an apex level forum created by the Union Government to strengthen and institutionalise the mechanism for maintaining financial stability and enhance inter-regulatory coordination while promoting financial sector development in the country.
- The FSDC includes officials from the Finance Ministry and heads of financial sector regulators (RBI, SEBI, PFRDA, IRDAI) and is chaired by the Finance Minister.
