PREVIOUS
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23rd meeting of the Financial Stability and Development Council
December 21 , 2020
1310 days
769
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- The Union Finance Minister Nirmala Sitharaman recently chaired this.
- It was set up in 2010.
- It is a non-statutory apex body that consists of financial regulators of the country.
- The members of the council are Governor of RBI, secretary of Department of Economic Affairs, chief Economic Advisor of Ministry of Finance, Pension Fund Regulatory and Development Authority, Insurance Regulatory and Development Authority.
- It also includes the Chairman of IBBI (Insolvency and Bankruptcy Board).
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