FSDC sub-committee reviews economic scenario

Fri, 19 Aug 2022

FSDC sub-committee reviews economic scenario

ANI
13 Jan 2022, 23:18 GMT+10

Mumbai [India], January 13 (ANI): A sub-committee of the RBI's Financial Stability and Development Council (FSDC) met under the chairmanship of Reserve Bank of India Governor Shaktikanta Das to review major developments in the global and domestic economy.

"The sub-committee reviewed the major developments in the global and domestic economy as well as in various segments of the financial system and discussed the assessments of members about the scenario emerging from the third wave of the COVID-19 pandemic," RBI said in a statement.

The committee also discussed various inter-regulatory issues and matters relating to the use of Aadhaar based e-KYC and Aadhaar Enabled Payment System by regulated entities.

It reviewed the activities of various technical groups under its purview and the functioning of State Level Coordination Committees (SLCCs) in various states / UTs. The members resolved to maintain a close watch on the unfolding developments and act proactively to ensure that financial institutions and financial markets remain resilient amidst the challenges posed by the resurgence of the pandemic, the RBI said.

The meeting was held virtually. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to San Antonio Post.

More Information

77 ℉

Mostly Cloudy in San Antonio/Kelly

Texas

Section

US approves sale of hearing aids without medical prescriptions

WASHINGTON D.C.: The U.S. Food and Drug Administration has approved the sale of over-the-counter hearing aids for people with mild ...

Athletics' Shea Langeliers set for home debut vs. Mariners

The Oakland Athletics will get an opportunity to introduce one of their prize acquisitions, Shea Langeliers, to the home fans ...

Cruising Cardinals open series against resurgent D-backs

The red-hot St. Louis Cardinals will aim to stretch their winning streak to five games when they square off against ...

Seahawks LG Damien Lewis avoids major injury after being carted off

Seahawks left guard Damien Lewis sustained a right ankle injury in the second quarter of Seattle's 27-11 loss to the ...

Biden Administration Moves to Strengthen Hostage Policy

WASHINGTON - The White House faces constant pressure from more than 60 American families whose relatives are held hostage overseas, ...

Ninth-inning rally carries Nationals past Padres

Nelson Cruz drew a four-pitch, bases-loaded walk from Padres closer Josh Hader with one out in the ninth inning Thursday ...

International

Section

UK reports highest number of foreign workers since COVID-19

LONDON, England: Official figures have been released indicating that in the year to June, the UK recorded its highest increase ...

US approves sale of hearing aids without medical prescriptions

WASHINGTON D.C.: The U.S. Food and Drug Administration has approved the sale of over-the-counter hearing aids for people with mild ...

Bachelet asks Bangladesh to probe enforced disappearance allegations

DHAKA, Bangladesh - Michelle Bachelet has urged the Bangladesh government to establish an independent investigation into allegations of enforced disappearances. ...

UK moves forward in sending illegal migrants to Rwanda

LONDON, England: Despite a legal challenge in London's High Court in early September, the UK government is continuing to pursue ...

PM Modi says India working to become developed country in 25 years

NEW DELHI, India: During his national day address this week, Prime Minister NarendraModi said India will seek to become a ...

Heathrow Airport to extend limit on passengers till October

LONDON, England: The cap on flight departures from London's Heathrow Airport will beextended until October 29, airport officials announced.Heathrow capped ...

Movie Review

Cloverfield