The union minister for Finance & Corporate Affairs Nirmala Sitharaman has chaired the 24th meeting of the Financial Stability and Development Council (FSDC).
The finance minister is the chairperson of FSDC.
It must be noted that FSDC Sub-Committee is chaired by the Governor, RBI.
It is the apex level forum set up by the Government of India for strengthening and institutionalizing the mechanism for maintaining financial stability, enhancing inter-regulatory coordination and promoting financial sector development.