ANI
13 Jan 2022, 18:48 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)Get a daily dose of Professional Autos news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Professional Autos.
More InformationFRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
Sheopur (Madhya Pradesh) [India], July 5 (ANI): Heavy rainfall in Madhya Pradesh's Sheopur district on Saturday led to severe waterlogging,...
Raipur (Chhattisgarh) [India], July 5 (ANI): Chhattisgarh Chief Minister Vishnu Deo Sai on Saturday inaugurated a three-day foundational...
New Delhi [India], July 5 (ANI): The work on the Mumbai-Ahmedabad high-speed bullet train project is going on in full swing in Maharashtra,...
* China's first LEGOLAND resort opened on Saturday in Shanghai. * Spanning 318,000 square meters, LEGOLAND Shanghai Resort is the...
Ahmedabad (Gujarat) [India], July 5 (ANI): In a major step for green infrastructure, Adani Ports and Special Economic Zone Ltd. (APSEZ)...
Sambhal (Uttar Pradesh) [India], July 5 (ANI): The Central Bureau of Investigation (CBI) arrested an Assistant Divisional Engineer...