FSDC sub-committee reviews economic scenario

Tue, 18 Jan 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 Iraq Sun.

More Information

2 ℃

Fair in Baghdad

International

Section

Former Denmark defense minister charged with leaking state secrets

COPENHAGEN, Denmark: An official at the highest level of the Denmark government has been charged with leaking state secrets. Claus ...

West Australia's Onslow sets new high of 50.7 degrees Celsius

ONSLOW, West Australia: The sun appears to be mercilessly beating down on Onslow in West Australia, as the town registered ...

Suspicions on Russia as Ukraine websites suffer cyberattacks

KIEV, Ukraine: Many government websites in Ukraine have suffered cyberattacks, with the intruders posting the text, "Be afraid and wait ...

19 year-old Belgium completing solo flight round-the-world

BRUSSELS, Belgium: Zara Rutherford, a teenager from Belgium, is nearing the completion of a solo round-the-world flight. Rutherford, age 19, ...

FedEx asks US to let it install laser defenses to planes

MEMPHIS, Tennessee: FedEx is seeking permission to arm its cargo planes with defensive systems to thwart attacks by heat-seeking missiles. ...

Australians rejoice in potential death of Djokovic's sporting career

Not since the 1936 Olympics in Berlin has a government tried to prevent an athlete from competing in a sporting ...

Arab

Section

China hosts Middle East foreign ministers in rare gathering

BEIJING, China: This week, the foreign ministers of Saudi Arabia, Kuwait, Oman and Bahrain are visiting China for meetings with ...

China seeks to use Gwadar port as military base: Report

Amsterdam [Netherlands], January 18 (ANI): China will seek to use Pakistan's Gwadar Port, which comes under the multi-billion dollar China-Pakistan ...

Marvel's 'Moon Knight' trailer reveals Oscar Isaac as mysterious new superhero

Washington [US], January 18 (ANI): Officially launching the Marvel Cinematic Universe's 2022 slate, the first trailer for its new series ...

Ex-Guinean President Conde Flown Abroad for Medical Care

CONAKRY, GUINEA - Former Guinean President Alpha Conde left the country for medical treatment in the United Arab Emirates after ...

UAE condemns Houthi attack in Abu Dhabi, says reserves 'right to respond'

Abu Dhabi [UAE], January 18 (ANI): The United Arab Emirates (UAE) on Monday condemned the Houthi attack in the capital ...

Israel finds 4 Covid vaccine jabs not good enough against Omicron

An Israeli study suggests that an additional booster failed to prevent a large number of infectionsA fourth dose of coronavirus ...

Movie Review

Some Like It Hot