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 Cardiff Star 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 Cardiff Star.
More InformationLONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
Muhammadu Buhari was a patriot and soldier who was deeply committed to his country's progress, the African nation's current leader...
London [UK], July 14 (ANI): The third Test of the five-match series at Lord's between England and India is evenly poised after the...
London [UK], July 14 (ANI): Actor Preity Zinta and her husband Gene Goodenough enjoyed the Wimbledon final in London on Sunday. Taking...
Aix-les-Bains [France], July 14 (ANI): Aditi Ashok had a weak final round as she shot 73 in the final round at the Amundi Evian Championship....
LONDON, U.K.: American consumers and businesses could soon face the highest overall tariff burden in more than a century, according...
The family of Sayfollah Saif Musallet, a 20-year-old American citizen who was beaten to death by Israeli settlers in the occupied West...
CONCORD, New Hampshire: A federal judge in New Hampshire issued a crucial ruling on July 10 against President Donald Trump's executive...
DUBAI, U.A.E.: A cargo ship flagged under Liberia, known as the Eternity C, sank in the Red Sea following an attack executed by Yemen's...
WASHINGTON, D.C.: The Trump administration has started sending some weapons to Ukraine again, just a week after the Pentagon told officials...
ECAULT BEACH, France: On clear days, the white cliffs of the United Kingdom, are visible from northern France, where men, women, and...